Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
TPTB_need_war
on 05/02/2016, 15:34:18 UTC
MA never made such a prediction. I have explained this to you upthread yet you continue trolling the thread with lies.

1.   Here on March 2011 http://s3.amazonaws.com/armstrongeconomics-wp/2011/03/armstrongeconomics-how-when-030111.pdf MA clearly says gold to go to 5K-12K by 2015\2016. Of course, his prediction fails and he then simply flip-flopped on gold. Do finally read this report or since you proved that you are not able to, get someone to read it to you and explain it to you.

I suggest you go back to elementary school and learn how to read, because you seem to not be able to comprehend the difference between a conditional statement and a prediction:

Quote from: s3.amazonaws.com/armstrongeconomics-wp/2011/03/armstrongeconomics-how-when-030111.pdf#page=4
As we move into the next major target such as 2011.45 (June 13th/14th, 2011)...

THE BEST OF ALL WORLDS FOR A BULL MARKET shall be for gold to make a low on that day... [note there is no prediction here, only a statement such an event would be best for gold will be maximally bullish]

The second type of pattern is the real breakout. Gold could be in a PHASE TRANSITION period...[thus what is written below this is contingent of if Gold exhibits a PHASE TRANSITION and then MA explains what those conditions are]

...or we blast out of the top of this main channel, fall back to find it [the top of the channel] providing support, and then we will be on our way to at least $5000 and maybe $12,000 by 2015/6...

Armstrong then explained the other scenario for gold which is that is to make a CYCLE INVERSION so as to align with its true hedge against government; and here is implying that gold's rise and potentially correction before doing so will be contingent on the progression of the sovereign debt crisis and here is where he explained that the $5000 by 2015/6 would be the unlikely outcome and rather the pause and correction are more likely:

Quote from: s3.amazonaws.com/armstrongeconomics-wp/2011/03/armstrongeconomics-how-when-030111.pdf#page=6
...gold is going through a CYCLE INVERSION and this is a good think because it is starting to realign with the major purpose of gold - not a hedge against inflation but the hedge against government...

The key to gold is its CYCLE INVERSION... [that is required to produce a] ...PHASE TRANSITION that is required to produce a big rally...

The market is the only thing that is simply never wrong. For the bull market ahead in gold, a simple pause in NECESSARY.  This is how bull markets are sustained.. If we see gold blasting to new highs passing $1500, we are in trouble. This would be a serious development warning that we are now completing a PHASE TRANSITION that could lead to a low 2015.75 and the rally thereafter.

Which is exactly what gold did in 2011 and the resulting decline to $1050 before 2015.75. And in the 2014/5 gold report, MA further clarified that the final low would be in Q1 2016 < $1000 (perhaps < $850).

I think you've wasted enough of our time. I am now asking everyone to add you to their Ignore list. If they do not acknowledging do so with a public post, I will not help anyone in this thread any more.

You are now added to my Ignore list. Bye.


Readers please note I am not going to waste my time explaining to sloanf why he is wrong on each of his enumerated allegations. It is enormously disrespectful to my scarce time. It should be clear enough from the above example and others I have already made in this thread, that he has a severe mental handicap and unable to comprehend what he reads.