Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
r0ach
on 09/03/2017, 05:04:58 UTC
I am not releasing any more info from my subscriber contact. I did it once or twice to silence those who said Armstrong couldn't predict the future. And go look where gold is now as predicted.

He predicted nothing.  He said gold was going under $1000 and then it went up $140 instead.  The last metals drop was somebody dropping like $2 billion worth of paper silver that doesn't even exist all orchestrated by a single, non-aggregate market party.  So you're now trying to claim instead of predicting an aggregate market based on data, Armstrong simply psychically reads the mind of a single guy at the ESF who rigs markets.  The whole idea is laughable.  You can't predict non-aggregate markets, especially not with algorithms or TA - which is all Armstrong's scheme is - just some algo driven bot he made.

What happens if there was a run on the Comex tommorrow and price of metals went up 10x?  Would Armstrongs algo ever predict that?  Hell no.  He'll be standing there with his dick in his hand babbling about gold going under $1000 while the real market is no bid.  All the data he's feeding to his bot assumes the party that has manipulated metals for the last eon will continue to be able to do so forever without China and Russia buying it all, so when the manipulation inevitably fails, people who follow Armstrong will be the most blackswaned rubes on the planet.

Don't even give me that propaganda Armstrong pushes either about there being "no market manipulation".  There are currently more shorts on silver than ANYTIME in history.  They dump more shorts than the amount of metal produced in an entire year at once.  The entire purpose of the futures market is hedging.  If someone shorts that quantity of metals in one button press, it's obviously not hedging and is market manipulation.  It would be like someone naked shorting Apple from 130 to 70, there would be an immediate SEC investigation.  The fact there's never any investigations tells you everything.

Charts like the ones below going completely parabolic are exactly what you'd expect to see right before the system blows up too, reaching the limits of how far you can push naked shorting: