Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
AnonymousCoder
on 24/08/2019, 16:08:41 UTC
Would anyone care to share what Martin Armstrong's private blog say about gold at the moment? I think his macro views are worth listening to, but Socrates is a waste of time and money.

Regarding the macro view, the rear mirror perspective should be shown more often. Here it is. Directly from the private blog. You check his macro view and tell me what its value was from that perspective:

Gold for the Close of June 2019
Monday, 01 July 2019
By: Marty Armstrong
Gold finished below the 1417 number which we expected would happen since the rally was still premature. Nevertheless, the fact that it closed well above 1362.50 suggests that we should move back to retest this now as support.
According to our sources, the central banks which have been buying gold are all on the opposite side of the political table from the US and Europe. It appears that they have been buying gold NOT because they think this is a bull market, but out of fear that we are headed into a geopolitical conflict. Trump does not want to commit troops to war, but the neocons do! They will support either Republican or Democrat as long as they get to start wars in the Middle East.
From a purely technical perspective, the major support will now lie at 1275. Our Energy model is a slightly positive warning that the rally has NOT been one of broad support to date.


From what I understand, the only assertive statement is that we should re-test support. Did we re-test it? No. We never re-tested anything since that time. So it is all wrong.

And BTW there should not be any distinction between Socrates and Martin Armstrong, because Martin Armstrong said that Socrates is a clone of himself:

https://www.armstrongeconomics.com/armstrongeconomics101/ai-computers/the-most-valuable-lesson-we-can-teach-our-children-is-how-to-think-not-what-to-think/


Martin Armstrong is a charlatan, and he spent 11 years in jail for a reason.

Read this blog starting at page 273 to find out more about computerized fraud.


See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.