He said the rates would rise starting from 2013 and "The longest would be 2015." Well, the rates not only not rising, they keep falling
Interest rates have nowhere to go in the longer-run except up, you idiot. Armstrong has predicted what any rational individual could predict and he had expected that the FED will fulfill its duties.
Even Armstrong couldn't imagine that the sockpuppets of Goldman Sachs in the FED and ECB are so corrupt that they keep the interest rates so long so low. That is unprecedented you idiot - don't expect Armstrong can second guess the most corrupt and dishonest institutions of our age, the FED and ECB.
...Furthermore, MA claims that there are no manipulations, markets can't be rigged, etc...
You're so full of shit.
First of all you know damn well Martin's comments about manipulations are derived out of debates about the gold and silver markets. Even then, he didn't say "there are no manipulations", he simply said there are no manipulations that could ever come close to changing the overall trend. When it comes to interest rates he has ALWAYS said the real manipulators are congress and the Fed, but even they can't control the economy over the long term.
Second of all if you actually understood his work you would know that when he talks about interest rates he is referring to rates according to the market not according to what central banks try to manipulate them at.
Here is his post about interest rates from January 2013, you'll notice there is a graph of 10 Year Bond Yield rates at the beginning of the post. This is what Armstrong is talking about, interest rates according to the MARKET (AKA according to reality).
"Everything is pointing to a turn in interest rates in 2013."
A TURN in interest rates, not an EXPLOSION. If you look at graphs of
10 year, 5 year, 2 year, 1 year, and 6 months bond yields you will notice that with the exception of the 10 year, they all have failed to exceed the lows they made around 2013. The longer the maturity, the longer it takes for the rates to turn. That doesn't change the fact that the ship began to turn around 2013.