The other hilarious thing is MA claiming his machine predicted COVID-19 and the ensuing economic carnage it has caused. Yet again, that same (cycle?) playbook is rolled out where MA claims his machine predicted the event - but only AFTER it happened. The very same thing happened with the REPO crisis in September, which alas saw an expensive "report" available to buy. The same thing with COVID-19, only this time a virtual webinar is being hosted, because the virus has brutally cancelled MA's only pay cheque this year.


Having attended his 2018 WEC in Orlando, I can you tell you this:

The main prediction from 2020-2024 was for a COMMODITY BOOM, where CA and AU would be the big winners over other major Western economies. Based on a massive decline in consumer and therefore business demand in the coming years, both because of unemployment/bankruptcy and simply permanently changed behaviours, that now seems unlikely. Oil has been declining since 2014 and it looks unlikely that trend will reverse, not least with renewables becoming more mainstream.

At the 2018 Orlando WEC, not once did MA mention:

• 2020 would see an economic crash that would be as historic as 1929
• Oil futures would turn negative for the first time in history
• Major economies would see the highest increase in unemployed in history
• That this would all be caused by an overreaction to an unknown virus

Thank you for your precious review.  I checked the date of Armstrong's commodity boom post on financialsense.com, and it was "right on target", exactly landing at the PEAK of $CRB index.  As I have said many times, you gain a LOT more money by trading AGAINST Armstrong's advice.  For Armstrong, I'm sure he can twist his words and brains and convince readers of all kinds that

a commodity boom means NEGATIVE crude oil price!

That should go into historical failures of predictions made by anyone.  A boom is a NEGATIVE price?!


Yet another massive miss for MA and his ECM/Socrates.

What further evidence do people need to see this guy is a complete charlatan? He plays with the known flaws of human psychology to line his pockets, and does it in a very underhand way, where much of his socioeconomic commentary is logical and interesting, which builds trust, then he uses clever underhand tactics to make out his Socrates/ECM are some gift from God, so creating a cult-like persona that has more blind followers than wide-eyed detractors.