Quote from: PennyWiseUK on July 14, 2019, 10:36:43 AM

Quote from: Kiwibird on July 02, 2019, 03:05:10 AM

Quote from: bikefront on June 30, 2019, 05:54:45 PM

There was that one Canadian guy online here who apparently uses Socrates to trade. https://www.mininginteractive.com/ Does anyone know his performance?

..And these guys; https://integratedwealthmanagement.ca/learned-martin-armstrongs-orlando-conference/

'..1) Socrates is NOT supposed to be used as a day-trading platform

2) Socrates should be used in tandem with an existing disciplined framework, including proper diversification, disciplined trade execution, moderate trading frequency, and with very disciplined risk management in place

3) Our managers will utilize Socrates to make sure Client portfolios:

Are on the right side of every major currency move
Are over-weighted in asset classes that have the best risk : reward potential
Avoid major losses from high-risk asset classes, and possibly benefit by shorting these asset classes..'

i'm not a trader in any sense. But I use Armstrong as a macro road map and i'm in the green because of it.
If i'd listened to someone like Jim Rickards who wrote The Death of the Dollar years ago and pushes gold all the time, I'd be in the red for sure.

Kiwibird- great spot, thanks. They REALLY like Martin Armstrong. They say they use Socrates amongst other things but that is quite a bold statement for a financial advisor to make. Maybe they are the company that MA refers to when he says he wants to licence Socrates, but in any event a public relationship exists there currently.

Bikefront - yes I used to read Nick Nicolaas blog at Mining Interactive as he posts a lot about Socrates, and in fact says: "Outside of the people directly working directly with Martin Armstrong, I am probably the best person in the world interpreting his work." He even sells his notes at the WECs.

I am quite happy to take NN at his word (he says he used to get MA faxes in the 1990s), but he said in one of his own public blog snippets of WEC notes that he nearly fell off his chair when MA said in 2017 (I think) that Gold was not going below $1k per ounce when NN had been forecasting this constantly, no doubt based on his interpretation of MA.

So I concluded if this long time devotee of MA cannot fathom Socrates, a non-trader like me has no chance. I was interested in the basic investor service on the 2016 version but was out off by constant updates essentially saying it is not ready; its like buying a half built car. Steering might work but what if has no brakes.

I take Anonymous Coders point that financial firms might stay away from a licensed version of Socrates but those guys at Integrated Wealth Management have made me consider the point once more. If ANY mutual fund firm put out a Socrates fund that in itself would be an endorsement as it would have had to be scrutinised before the point of launch.

Would I put money into such a fund? Sure I would but I would not give it any more money than some of my other funds. And I might even wait until it has a three-year track record like all my other funds. I would not give money to any wealth firm using Socrates because there is no public track record like you have with mutual funds for peer comparison and risk/reward assessment. However even if such a fund were launched in the US it is unlikely to make its way to the UK so perhaps it is wishful thinking but I would follow it with interest.

Gumbi / Strike Eagle - thanks for your insights. As you both appear to be close to MA. Can you expand on the possibility of a licensed version of Socrates?

Thanks again to ALL posters on their experiences, insights and comments. MA is fascinating. Todays post about the UFOs. Brilliant!

He has mentioned this before "We are in the process of licensing Socrates for a public fund being created by a Sovereign Government who is seeking to expand its Sovereign Wealth Fund services who has attended our World Economic Conferences since 1985. "
https://www.armstrongeconomics.com/products_services/socrates/warning-about-funds-management-claiming-to-be-using-socrates/

@AnonymousCoder

You have to be very naive or stupid to think the government has not created secret technology that the public does not know about. This is the most logical explanation for all the sightings of UFO's