Topic: Martin Armstrong Discussion - page 187. (Read 647054 times)

Perhaps the constant "hey guys, I don't really hate monero, but I hate monero!" posts.





I did not liquidate all btc for silver in 2015 or 2016.  Only this fool sidhujag keeps repeating that lie.  I dumped bitcoin around the peak before it collapsed during the halving then bought back lower and started buying silver a little later.  I'm STILL buying more silver every single week.  Here's my weekly silver order for this week paid for with bitcoins that were dumped at $2700:





I actually bought LTC solely from the free money bull flag before I saw you say anything about it.  It was entirely a technical trade.

Exactly just like ma heh. He called the forming of a top in 2015.75 but prices have flown way higher from that point... so now we are here thinking rates went up and this is finally the big one that MA has been waiting for? Hmm dunno 2015.75 didnt actually form a top but instead was the start of a new leg up. In order for it to be what hes saying prices in next year probably should fall as fast as they rose meaning 25 to 35% rei correction this year and next. We shall see.

Little bird asks @r0ach to link to anything AnonyMint has written to justify his assertion that AnonyMint is pissed off if Monero rises or where AnonyMint predicted Monero would not rise at this time?
Perhaps @roach is referring to some yet unpublished/unfinished anonymity blog which makes no statement whatsoever about price objectives for the price of Monero
(and in fact those who were trying to trade based on that document were told to not do so because price is not short-term correlated to technical realities which are future looking (as competition will rise to enact that sledgehammer of the little bird’s insights).
We all know @r0ach is still butthurt for selling BTC at $600 and buying silver.
And for not buying LTC at 0.006 when AnonyMint told him to (which is still going to 0.05 btw and make sure you sell all forks of BTC and hold only the original).


EDIT:

Definitely so in London, Switzerland, Vancouver, etc.. He has blogged about all those toppings over the past few months.

The theme has always been that Europe would top out a couple/few of years before the USA and we would have a stampede of capital into the dollar and dollar assets as the final topping in the USA (currently projecting roughly 2020 - 2022ish).
Right now there is a deadcat bounce in the Euro as the last gasp before the European collapse ensues in 2018.
The deadcat bounce is because of for example the election of Macron in France, the pooling of all the sovereign bonds into an asset backed by the core of Germany (which means when it explodes it takes down Germany also), and what he writes about as linked.



Just because you say so right. Stroke that non-objective pride.

Armstrong is alike you and me his supercomputer cant predict shit in short term for when it matters
 Im wondering about his rei forcast. He called a top in 2017.. we seen the rei top? I think rei index doubled since then and was a bottom when he posted as a top. Again I make money off of ppl like him I do the opposite. Until he proves otherwise... but then again I was always more prophetic than him in predictions so I stopped reading his stuff now.

Maybe that is Armstrong's way of stating that he has no idea of what will happen to Bitcoin (and its price).

If he sticks to his knitting (mainly looks at LONG history), perhaps his record is better.  BTC is new, and perhaps he has not well-accounted for crypto currency.  We're still new in this game.

Gold is holding up pretty well vs. BTC over the past week or so (yeah, yeah, I know, it's only a short time-frame), but many people ONLY think short-term.  Nice to see gold outperforming BTC for a change.

*   *   *

Tainter is an author I have often seen quoted, but I have not read his books.  Many smart people seem to like his ideas.

That article looks like he was debunking himself in the process.  I mean, so what if he *claims* to have data going back beyond 1971, he doesn't have data encompassing all possibilities.  Then you have the Joseph Tainter quote:  "Collapse is rapid simplification on a mass scale".  When that happens, actions in the present will resemble actions in the past of which records were not kept.

...

I guess Armstrong think that Germany is completely DONE, note the four most recent articles, first one notes Germany's pension is falling apart (no surprise).

https://www.armstrongeconomics.com/international-news/germany/germany-pensions-system-crisis/

Merkel failed at her hosting the G-20 summit (Trump, China and Russia won):

https://www.armstrongeconomics.com/international-news/politics/merkels-failed-g20-summit/

What, low interest rates are failing in Germany too?

https://www.armstrongeconomics.com/international-news/europes-current-economy/german-secretary-economics-warns-low-interest-rates-have-failed/

George Soros MAY have helped fund all those protests in Hamburg (just rumors as of now).

https://www.armstrongeconomics.com/world-news/civil-unrest/g20-hamburg-protest-was-closer-to-the-start-of-civil-war/


I suppose Armstrong has NO INTEREST in investing in Germany...

I'll look at it tomorrow or something for examples.  Too tired to sort through hours of silent weapons for quiet wars at the moment.

@r0ach - " Yea, I read that a long time ago (although the math and economics in it are retarded)."

I'm curious. When, and in what context?
Also, there's very little math in it and the economics are at least as good as some of the stuff
that passes for economic thought today. Again, I'm interested in you thoughts - I see fundamental
contradictions, not flawed processes.   

The dangers of using an iPhone on the road...

His article on Sweden cancelling next year's music show is there today.  I have NO IDEA what has happened to the descendants of the Vikings.

O/T a bit, Sweden apparently has big problems with credit card and ATM cards, cashless society attracting hi-tech fraud.

"These people are given everything for free, nothing like any immigrant who came to the USA. This has had a tendency to reduce the incentive to work. They need not find a job to survive. They survive on the state alone and at levels of 80%+ of what they would earn in wages."

Stupid policy guaranteed to fail. But it's 'compassionate', I guess.

(BTW OROBTC, you linked the same article twice)

...

Armstrong has two pieces today on refugees in Europe:

Austria has posted some soldiers and equipment on its border with Italy.  Italy is pissed, they are getting a BAD DEAL from the EU.  And who is behind much of the cross-Med migrant traffic?  George Soros.  The "refugees" are mostly economic migrants:

https://www.armstrongeconomics.com/international-news/europes-current-economy/refugees/austria-using-troops-to-stop-refugee-migration/


SWEDEN is cancelling next year's big music festival rather than cracking down on RAPEFUGEES.  Europe is toast. 

[I have seen LOTS of Arab and African migrants here in Limoges (France), Limoges is not at all an economic powerhouse, no factories around that I saw...]

https://www.armstrongeconomics.com/international-news/europes-current-economy/refugees/austria-using-troops-to-stop-refugee-migration/

RIP Sidhujag

Thank you OROBTC

I get what you're saying - presently its all Speculating.   I assume all govt are watching as case study for future single currency.
Those whom don't opt in will be excluded from this trade bloc (my opinion)

...

Here is a nice little summary that even our friends r0ach and sloanf might enjoy:

https://www.armstrongeconomics.com/world-news/sovereign-debt-crisis/illinois-poster-child-for-the-coming-sovereign-debt-crisis/

Illinois wants to raise income taxes by 32% while doing nothing about their REAL problems (high taxes being one, overly generous pensions another, corruption, many other problems).  "Illinois is done, stick a fork in it."

Illinois may wind becoming abandoned by productive people.  I just hope that those who LEAVE Illinois do not try to impose their Socialist ideas in their new homes (FL, TX, IN, etc.).  Colorado is already suffering Californication...

There could be a lot of legitimate reasons to invest in Bitcoin, or any other legitimate investment!  But, many who buy stocks, for example, are speculating, they really don't care about the long-run issues of the company (or even its main market / home country).

Same with Bitcoin.  Including myself.  I hope to make some money off of it (so far so good).

You could make a strong case that buying Bitcoin shows a lack of faith in .gov fiat currencies.

I hope I'm permitted to ask silly questions.

At present - if BITCOIN and all other Crypto Currencies are indeed Currencies - In which Economy is one betting and/or investing in?
I ask this from a wide variety of ways - primarily from Ethical perspective.

When you buy stock - you invest in company risk/ reward >>> production of services or goods etc etc
When you by bonds or USD or EURO - you invest in that nations govt / economy relative to the currency you swapped etc

Sorry if my questions are silly - looking forward to guidance.

Thank you