Quote from: shadyrussianoiltrader on December 02, 2023, 01:32:37 AM

The problem with Armstrong is the fact that his basic thesis is right, the world clearly is moving toward authoritarianism, no question about that. There is a monumental geopolitical shift happening which Putin was able to catch and accelerate. Armstrong is talking about this for decades, yet he wasn't able to gain substantial sums of money which is odd. Maybe he realized that the magnitude of Scams also accelerate with this fundamental shift and concentrated on those dealings at some point. I would love to hear the truth about his dealings in the 80s and 90s - the question is why he never did this and instead turned his focus on scamming confused individuals out of his worn out basement? How many people showed up at his latest conference, do we have any credible information on this? How big is this fading scam still?

Armstrong needs a story for his fearmongering so he can sell his conferences as a solution to his victims / cult followers. He does not know anything more than most other people already know. Moreover, he does not know the underlying processes that lead to the situation that he is talking about.

Except that he is himself an extremely authoritarian person who tries to suppress any views that contradict his narratives. He strictly plays from the playbook of other authoritarian people - that is why he knows their tricks. A pot that calls the kettle black. He uses the services of reputation launderers and projects himself as the good guy. See: Martin Armstrong The Forecaster The Movie.

There is this myth that he actually had any actionable knowledge in advance earlier in the 80s. There is no evidence of it. Otherwise he would have profited from the situations. In fact he has built his wealth by theft ($15 million US$ that earned him the contempt of court charge) and more recently with his refined scams and most likely by trading against his clients.

See:

Socrates The Market Manipulator.

Regarding the number of attendees of his last conferences, that number will not be available and he would not tell the truth. There is certainty however that many of his shills would attend. He even offered me a free ticket. So that number would be meaningless.

Regarding the state of his business, I am certain that most of his business has collapsed due to my campaigns.

As a proof of that, see the end of The Defeat of Martin Armstrong.

From my perspective, Armstrong's game is over and he cannot get back on his feet.