the markets were crashing into the 2015.75 target on the ECM indicating that new highs would be carved out in the future. I decline would of been indicated if the market was making highs going into 2015.75.
Can you proof that he said that markets would crash after 2015.75?
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Can you proof that he said that markets would crash after 2015.75?
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@Gumbi Yes this can be proved, using multiple sources:
2013, MA explained that the rising dollar will turn "the US economy into recession from 2015.75":
https://www.armstrongeconomics.com/uncategorized/back-to-the-future/
The dollar MUST rise... This will be the straw that breaks the back of the economy turning the US economy into recession from 2015.75.
Never happened.
Article in De Welt 3 May 2015.
https://www.welt.de/finanzen/article140453591/US-Finanzprophet-Armstrong-sagt-Ende-des-Euro-voraus.html
MA explains:
Be sure to keep your fingers off government bonds. They are hopelessly overrated. Here it will come to the big crash. My model predicts October 1st (2015).
Never happened.
Days later in that same paper (7 may 2015), MA makes another prediction, but with a different and far less certain date!:
https://www.welt.de/finanzen/geldanlage/article140550440/Es-wird-zu-einem-grossen-Crash-kommen.html
When asked "What does your model say (about the future)?", MA explains:
The big crash is coming. 2017 or 2018.
Never happened.
One must ask how, if MA's claims of a supercomputer that predicts the future are true (TO THE DAY), and when referencing his own model, he gives one date that passed with nothing happening (1 October 2015). Then days later in a different interview gives two ambiguous years as the forecast of his model that also both pass with no real economic drama. And lest we forget this bogus claim about his supercomputer that was in fact built for the US government, and he would not be allowed to access: https://www.armstrongeconomics.com/institutional-time-share/
See: https://en.wikipedia.org/wiki/Sequoia_(supercomputer)
In another article that same vintage year (2015):
https://www.lavanguardia.com/lacontra/20150625/54432509475/la-contra-martin-armstrong.html
In October of this year will begin a debt crisis of governments (historically, none has survived) that will reach the high point in 2017
Never happened and debt continues increasing (2019: c$244trn).
In this article from 29 Sep 2015, so literally on the day of his grand "big bang" forecast:
https://www.tradingfloor.com/posts/is-martin-armstrongs-debt-crisis-upon-us-6299991
MA is quoted as saying:
The fact that we have the stock markets crashing into the 2015.75 turning point rather than making a major high is indicative of the future we should expect to unfold
Never happened.
And here is the high and the low for 2015, neither of which MA forecast:
We have proof across multiple sources and in the years up to 2015.75 where MA said - based on his model, not his opinion - that markets would crash. So as a more fervent defender of MA on this thread, now what are your thoughts?