Quote from: lookoutbelow11 on June 09, 2020, 07:15:17 PM

I recently paid for several months of the Socrates PRO membership and during that time (beginning with MARCH 2020) I can confirm that Martin's PRO PRIVATE BLOGS indicated he was expecting a possibly deeper "correction" then what occured, and a shorter and less vigorous rally in the markets then what occurred. Moreover, the SOCRATES system is at best difficult for me to understand, and at worst a complete fraud. The constant PUSH is to get the subscriber to activate MARKET SUBSCRIPTIONS for every stock and ETF they own...so that you can receive these "reports" with the convoluted "forecasting" he makes available. At no time did I receive ANY forecast for TIME AND PRICE of any asset or index. In other words, if you are looking for a concise and operational forecasting service...this ain't it...and if you think that his service will enable you to be your own forecaster...all I can say, plop down the $150/month and give it a try. It's bullshit.

Armstrong is no doubt a skilled marketer and self promoter, and I might add, certainly knowledgeable about a wide variety of economic, political, and historical topics. Whether or not he actually has a reliable forecasting system up and running and which he sells to "Institutions" is a debate for another time. Whether or not he makes that system available to the GENERAL PUBLIC who subscribe to this PRO version ($150/month) is in my opinion easy to judge...he does not.

Notice that almost ALL of the so called financial "forecasters" do NOT publish an audited written record of the efficacy of their forecasts. There is obviously a reason for that. They don't want their record to be available for examination.

In short, in my opinion, Martin Armstrong operates a predatory business to sheer the sheep. And he is a skilled practitioner. Beware.

We get confirmation of Martin Armstrong suppressing any attempt to build a written record from the Martin Armstrong controlled as follows:

What is your experience using reversals from the Socrates Pro/Trader level?

Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

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.

Every single defrauded person should report their case, see Where and how to complain