Post
Topic
Board Economics
Re: Looks like yet another charlatan
by
TPTB_need_war
on 19/01/2016, 20:20:30 UTC
but since you haven’t read it apparently, let me read it for you. Here (the report is dated Oct10, 2008) http://www.armstrongeconomics.com/wp-content/uploads/2012/03/its-just-time-martin-armstrong.pdf MA says “gold is likely to go to $2,500 or jump beyond even $5,000”. By the way, he also says this “The reaction should have been to the downside into 2008, with a consolidation into early 2009, but another serious decline is still possible going into June 13th, 2011. Do not expect the real estate markets to recover by much.” All turned out to be false.

That is exactly what gold did.

And non-trophy real estate did not recover to new highs (inflation-adjusted).

Any more nonsense?