Post
Topic
Board Economics
Re: Looks like yet another charlatan
by
sloanf
on 20/01/2016, 09:12:14 UTC

That is exactly what gold did.

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


How is it “That is exactly what gold did”? Read again.

MA said that:
1.   Gold would go up to 2500 and even 5000 – false. Gold maxed at around 1900 and then declined to 1K. Later he specified the period by 2015\2016 and we are in 2016 already.
2.   Gold would decline into June 2011 – the opposite happened. I.e. gold soared into September 2011 to all-time high.
3.   RE would not recover much – the opposite happened. RE overall went up at least to the 2007 high, i.e. fully recovered. And some segments rose way higher the 2007 levels. Is it “not recover much”?

Quote
You must be paid to come here and lie. All your points are factually incorrect.

I will not let you waste my time and drag me into a long tit-for-tat debate, because it is clear that you are not interested in the truth, but rather are doing a smear campaign based on lying to readers.

For example, you don't even seem to be aware that he was in ILLEGALLY imprisoned for years for contempt-of-court, not for a conviction. And the plea bargain at the very end was forced on him by sending another prisoner in to bash all his teeth out after Armstrong (which caused an eye infection and he was going blind and needed to get the hell out of prison) which was prompted because he was near to having his case adjudicated by the Supreme Court given his vast network of friends in high places (which according to Armstrong would have brought all the facts of the case to light).


It’s all MA claims with no proof as usual. He always makes claims with no factual evidence whatsoever (just like with historic data, supercomputer, trading performance, $1trln under contract, advising for top government officials and central bankers around the world, etc). After all, have you ever heard of any convicted criminal admitting they were convicted legally? As for MA, read the articles below

http://topics.nytimes.com/top/reference/timestopics/people/a/martin_a_armstrong/index.html
http://nihoncassandra.blogspot.ru/2006/08/enigma-of-martin-armstrong.html  
http://www.bloomberg.com/news/articles/2011-09-28/felon-forecaster-blogs-on-8-6-year-economic-cycles-after-11-years-in-jail

and consider this:
1.   He was caught not by the Wallstreet, corrupt bankers or anyone affiliated with the US authorities (so it’s yet another MA bs that it was the US bankers plot against him) but by the Japanese watchdogs and prosecutors.
2.   No media (both then and now, both independent and dependent) ever said he was clean and innocent (in fact, they say the opposite)
3.   None of his Japanese clients ever said anything in defense of MA. In fact, nobody said anything except his mother.
4.   If the whole thing was set up against him personally (as he claims), why is it that two of his workers and his bank were also pleaded guilty.
5.   If the plea was forced, as you say, why those two workers also pleaded guilty? Were all their teeth also bashed and all that?
6.   If he was clean, why “Republic Securities, now a unit of HSBC Holdings Plc, also pleaded guilty, admitting it helped Armstrong swindle clients. It paid $569 million in restitution.”? Again, the bank admitted that MA did swindle clients. Not as you claim
Quote
And after all, it the banks involved admitted he took no funds and paid fines for their malfeasance. It was a giant corruption.
7.   Finally, if everything was so illegal against him, why didn’t he sue them all? At least the media? Or at least present all documents and evidence he has to the public so independent lawyers could look at it and tell their views?
Because he did cheat Japanese investors and he knows it. Look what he said “he can’t be liable for fraud or running a Ponzi scheme because he wasn’t acting as a money manager.” Notice, that he does not say “because he did not run\did not do any wrongdoing” but because he wasn’t a money manager. A technical aspect.

Quote
You have some screws loose in your head. That statement is so far from reality that it doesn't even deserve my effort to dig up a blog post to prove you wrong. That is all he has been talking about for years dumbass how sovereign debt crisis BIG BANG as of 2015.75 leads into a vortex of contagion and deflation.

You don’t have to dig up anything since you already proved numerous times that you are not capable of anything related to independent fact-checking and also because I already did it for you. Look at this http://img.over-blog-kiwi.com/0/55/64/39/201306/phpukRPHF picture again. I already commented on it here

Also, MA says that every 51-year wave is followed by deflation http://img.over-blog-kiwi.com/0/55/64/39/201306/phpukRPHF, i.e. after 1929, 1981, 2033, etc. The reality is that deflation started after 1921, briefly paused and then restarted after 1926. There was no deflation after 1981 - there was high inflation instead. And now we are almost in a deflation mode but his deeply flawed model says we should get deflation no earlier than 2033. And if we go back earlier than 1929 we’ll easily find even more flaws in all his bs theory.

But again: he predicted deflation after every major 51-year wave, i.e. 1929, 1981, 2033. Wrong prediction as usual.