Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
r0ach
on 29/10/2016, 19:19:06 UTC
his supercomputer modeling of events in time

I'm not an Armstrong fan because he implies two completely irrational claims, that we live in a deterministic universe, and he somehow built a magical computer to unravel the secrets of said universe, but all the predictions are the equivalent of Chinese fortune cookie proverbs that can be interpreted to mean anything so he can claim he's always right, or that the "timing" of said event has "just been put in motion" but we haven't seen the fruits of it's labor yet.  It's all ambiguous fortune cookie stuff.


My mistake was assuming BTC was correlated to gold, even though Armstrong never wrote that. That was my mistake, not Armstrong's. I realize now that BTC is correlated to safe haven liquidity same as the dollar and USA stocks.

It's relative to your native currency.  If you live in the UK, Venezeula, or lots of other places, metals have damn sure been a safe haven.  Things like the Comex and ETFs are trading unallocated metals at 50-100:1 ratio, so that when shit actually hits the fan and there's a run on the fractional reserve metal system, the profits will be ridiculously enormous and I'm 100% sure Armstrong has no idea the date that happens.

This is why the central bankers WANT you to buy Bitcoin instead of silver.  They don't monkey hammer Bitcoin downwards because their metal system is fractional reserve and much more delicate in nature, and having it explode on themselves brings all their criminal activities to light, while Bitcoin going to the moon and replacing metals doesn't.  They get the added bonus that Bitcoin isn't actually decentralized and they can take it over.

You say that the world is short the dollar via debt, the "synthetic" paper gold markets are fractional reserve leveraged something like 100:1 because they only have to account for 1-2% physical delivery per month.  The world is short both dollars and metals, not just dollars.