Post
Topic
Board Economics
Re: Looks like yet another charlatan
by
sloanf
on 21/01/2016, 08:39:18 UTC
You are lying again. I already explained it to you, yet you continue to twist the facts.

1. That was the long-term peak (not to come yet).

Would you ever stop making a joke out of yourself? Do finally read those sources and stop bs people just like your idol does trying to obfuscate predictions with all that long-term\short-term nonsense so to make it easier to cover his ass if his prediction eventually fails as usual. In his report, MA clearly specified the period when gold should hit 5000\12000, i.e. by 2015\2016. It is not my words, it’s him who wrote those reports, and now is 2016, hello.

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2. You take one comment out of context. He was pointing out a short-term cycle (a potential near-term dip before the final peak[1]). The larger cycle prediction was gold to peak in 2011 and decline into 2015.75 (or later).

You always make claims and never back them with original sources. Again, read those reports and see what MA predicted back then. Along with those reports here is yet another confirmation as of end 2012 http://investmentwatchblog.com/martin-armstrong-2013-crazy-things-happening-around-the-globe/  where he says “The metals will be taking off during 2013 and going all the way to 2016. All those predictions failed and when he realized it, he simply flip-flopped and has been preaching the opposite ever since. But even after he flip-flopped, he still can’t get it right. He said multiple times that gold would break 1k by a certain date. Here (in 2013) http://www.armstrongeconomics.com/archives/11033 he predicts gold at 907 in two weeks. Here http://www.armstrongeconomics.com/archives/14815 he reiterates his 1k call. Here http://gold-silver.us/forum/showthread.php?79122-Martin-Armstrong-Interview-September-14-2014 he says gold at 650-910 coming soon. Since then, gold never broke 1K and is now even rising. Again, contrary to his prediction.

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3. Not inflation-adjusted. Are you totally blind to $15 trillion in QE. And especially if you remove trophy real estate being purchased by foreigners. Which he predicted to occur.

“Inflation-adjusted”, “seasonally-adjusted”, “if you remove this and that”, “QE” and so on - you can come up with all sorts of excuses, who cares. The plain fact remains the same regardless of anything: real estate did fully recover by 2015 (even inflation-adjusted since inflation has been very small) contrary to what MA predicted. Period.

As for the QE, what does that do? You wouldn’t bring it up if the Dow had hit 32-40K by 2015.75, would you? You would not say “Oh, the Dow soared because of the QE so that prediction does not count”, would you?

All right, before you embarrass yourself even further, let me summarize everything above. Your idol has been cheating people for decades. He has made thousands of claims (supercomputer, historical data worth hundreds of million, 1trln under contract, trading record and so much else) with no single evidence to back up any of them, and thousands of predictions over 90% of which turned out to be wrong or completely wrong. You have been paying him for his bs reports (which are priced many times higher than what all other way more qualified people charge and 100% higher than those reports are truly worth) for years. Despite already proving your outmost stupidity for everyone to see, you go even further. If paying lots of money to an uneducated convicted fraudster was not enough, you now work for him by defending and spreading his bs theories and promoting his constantly wrong forecasts all over the forum. I feel pity for you.