Readers after puking up your coffee too, I suggest framing these statements and hanging them on the wall, as a reminder when looking back some year or two from now and see how this turned out.
yep nobody needs to interpret nor comprehend nor use their power of discernment
sloanf has a boo-boo on his infantile ego.
yep nobody needs to interpret nor comprehend nor use their power of discernment
sloanf has a boo-boo on his infantile ego.
By this, you yet again prove that youre as useless as youre stupid. What is the use of your post and almost all of your other posts? What value do you bring for readers? Did you provide any factual support for any of your numerous claims? Where are your facts? For example, where is your proof of this claim
It became clear on the 2014 close (which btw he nailed the price of oil for the close at $54, predicted publicly in his blog when oil was $100+), that the former scenario was the most likely.
and this one?
This is all in the movie and the movie had to buy insurance about the facts being properly vetted. So the movie has already been vetted by attorneys working on behalf of the insurance company.
When I comment on how stupid you are, I am not trying to insult you. Since you:
1. have been buying bs from MA, a convicted fraudster and an extremely terrible forecaster, for years
2. even brag by this fact (1) in front of everybody as if it was an achievement
3. did not do even a basic fact-checking because of your inability to do so due to lack of common sense and any form of critical and independent thinking
4. deny all the facts and evidence collected, brought and very carefully explained to you by many others
5. keep spreading MA bs promoting his scam all over the place for free despite (4)
you embrace the very definition of stupidity. And since you have been stupid for so long, it must be your normal and pretty comfortable state and therefore cannot be an insult for you. And the reason I have written the above is not to humiliate you or make you feel bad. As I said, I dont care about you because its not important because its not the purpose of this thread. My only intention was to prove my claims about your stupidity and thats what I have done. And now once that's done, lets move on to the core subject.
In addition to these proofs about MAs failed predictions on gold:
This goes back to 2008 http://www.armstrongeconomics.com/wp-content/uploads/2012/03/its-just-time-martin-armstrong.pdf when he predicted 2500 and 5000 in gold. Notice also his brilliant and super precise forecast on the Dow ranging between 3.5-35K.
Now take a look at this http://s3.amazonaws.com/armstrongeconomics-wp/2012/03/will-gold-reach-5000-809.pdf. He finally gets more specific by saying gold is still poised to rally to at least test the $3,000 level if not much higher. At least! And of course he yet again mentions 5000 levels. Of course, as we now know, it was yet another totally wrong prediction.
Here (in 2011) http://s3.amazonaws.com/armstrongeconomics-wp/2011/03/armstrongeconomics-how-when-030111.pdf he praises gold as THE BEST of all worlds for a bull market and even goes as far as to predict 12K (not just 5K this time!) by 2015\2016.
Now take a look at this http://s3.amazonaws.com/armstrongeconomics-wp/2012/03/will-gold-reach-5000-809.pdf. He finally gets more specific by saying gold is still poised to rally to at least test the $3,000 level if not much higher. At least! And of course he yet again mentions 5000 levels. Of course, as we now know, it was yet another totally wrong prediction.
Here (in 2011) http://s3.amazonaws.com/armstrongeconomics-wp/2011/03/armstrongeconomics-how-when-030111.pdf he praises gold as THE BEST of all worlds for a bull market and even goes as far as to predict 12K (not just 5K this time!) by 2015\2016.
but since you havent 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.
Here (August 28th, 2009) http://s3.amazonaws.com/armstrongeconomics-wp/2012/03/will-gold-reach-5000-809.pdf MA says It is coming into its own and is still poised to rally to at least test the $3,000 level if not much higher. And Government has promised the moon, and can no more keep their promise that Santa really eats the cookies. When there is no one who buys the US debt, that is when the ceiling will fall. We will see this most likely after 2010 and it appears the end may be 2015-2016. A 21 year bull market in stocks points to 2015 and a 17.2 year high in gold points to 2016. This does not negate the decline after Labor Day back into 2010 that seems to be shaping up.
Now, let me spell it for you so you finally understand. No demand for the US debt and collapse by 2015-2016. Completely the opposite happened. Gold 17.2 year high at least 3K and much higher in 2016. Completely the opposite happened. Stocks high in 2015 but earlier he shifted the high to 2017 and now is shifting to 2020-2021.
Here (March 1, 2011) http://s3.amazonaws.com/armstrongeconomics-wp/2011/03/armstrongeconomics-how-when-030111.pdf he says that gold is THE BEST of all worlds for a bull market and "there does not appear to be a likelihood of any real BEAR MARKET" (Notice, that was just 6 months before the bear market started). Also, the two patterns are either we stay in the primary channel for right now and test the support at the 1150 or 1250 level at worst, or we blast out the top of this main channel, fall back to find it providing support, and then we will be on our way to at least $5000 and may be $12000 by 2015/2016.. Not only neither of his options worked out, the opposite happened. Notice this time he does not use may be, some time in the future, short\long-term or any of his usual tricks. He clearly says will, at least $5000, and by 2015\2016.
here is the latest one. He has been preaching gold below 1000 since at least 2013 as you can check above. It never happened, of course. Now he is saying gold should fall to 850 by March 2016. The reality is that gold is not only not falling but was the best performing asset in January according to Deutsche Bank http://www.zerohedge.com/news/2016-02-01/best-and-worst-performing-assets-misrable-january and keeps rising. And as a reminder, we are in February now which means we have only one month till March to see gold at 850.
And how about the slingshot MA has been preaching since last August? Where is it? And as always when his prediction fails as usual, he simply shifts dates the way he did with the Dow at 40K, the slingshot last year, and so on. It will be interesting to see what he is going to come up with this time: flip-flopping, shifting dates, inflation adjusted\international value bs or something else. Cant wait.