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Topic: Martin Armstrong Discussion - page 236. (Read 647062 times)

legendary
Activity: 1260
Merit: 1000
January 01, 2017, 07:12:10 PM
And here's a missing piece of the puzzle I've been trying to figure out for a while.  I've always thought the FOFOA idea of revaluing gold at $55,000 was kind of absurd since India and the Arabs have so much of it.  The west would just be transferring power to 3rd world nations.  It makes zero sense.  However, since nobody has big stockpiles of silver (or maybe they do as this article claims), they could utilize silver in a currency in some manner without making 3rd world nations rulers of the world.

The idea that JP Morgan has all this silver has been going on for a while.  Some people thought they bought it solely to dump on the market to control price when it starts to rise, while others think they really have zero.  It's also possible JP Morgan is acting as an agent for the US govt in acquiring all the silver for some type of usage in currency:

http://www.silverseek.com/article/another-interview-silver-guru-ted-butler-16218

legendary
Activity: 1260
Merit: 1000
January 01, 2017, 02:49:03 PM
Objectivity is not your passion.

Objectivity is knowing that through all of history, paper was just a valueless receipt used to go claim your real money which was metals.  Just like this Bill Holter guy says, that is Harry Dent and Armstrong's main malfunction is make believing that fiat paper is money residing on the base of Exter's pyramid when paper was always a derivative of metals, not vice versa.  Paper money backed by nothing is just some temporary blip on the radar and he pretends like that is the norm.

Anyone who isn't a grade F trader can see how insanely manipulated downwards the metals markets are, especially recently with 8000 tons (3 years of global gold production) of non-existent paper gold being dumped in a span of 3 days in November.  Armstrong is a complete fraud and shill and anyone who promotes him is also a fraud with these clowns claiming no metals manipulation exists and the price is only naturally going down LOL.  It's a complete joke.

The Federal Reserve's number one reason for existing in the first place is to manipulate the price of metals because otherwise the free market would organically create it's own gold/silver standard in very short time, rendering the fiat completely worthless.  Anyone who doesn't understand this fact doesn't need to be talking.  And that is what occurs in all of these charts you see, the free market attempting to do exactly that, then central bankers smashing it down until there's finally a run on fractional reserve metals.

Do you really believe this scam artist Armstrong actually quantifies how much fractional reserve leverage central bankers can pull on metals (or even bank paper deposits) before the whole thing implodes?  Of course not.  Even if you buy his absurd "the world is deterministic and everything is capital flows!" claim, the price of gold would logically be at it's low when all capital flowed against it, and it is at this time that a whale market maker would just buy it all, because that's what big money does, buy's metric tons of things when it's cheap.  

Yet, Armstrong's garbage bullshit about capital flows would only provide data about aggregate traders and NOT outlier, lone wolf whales such as this.  So even if Armstrong predicted gold will "bottom at X", instead of being a buying opportunity, that's likely when one mega whale comes in and buys everything up and causes the fractional reserve metals system to collapse in one purchase.  Or if not him, his next friend that comes in.  There is no "bottom" to buy in a dangerous fractional reserve system.  The whole thing can just vaporize at any second whether the price is low or high.
legendary
Activity: 2044
Merit: 1005
January 01, 2017, 01:41:16 PM
Armstrong has made contradictory claims about gold during radio interviews. His many blog messages marvelling at how good he is sound made up to me.
He repeatedly says he is not bothered about money yet sells his information on his private blog. Why not just release it for free?
Occasionally his posts are so badly written it seems he is drunk when writing them.
He probably is drunk lol.. jury is out on long term predictions which are a million times easier than short term which he is undoubtely failed at many times proven.
newbie
Activity: 5
Merit: 0
January 01, 2017, 12:09:54 PM
Armstrong has made contradictory claims about gold during radio interviews. His many blog messages marvelling at how good he is sound made up to me.
He repeatedly says he is not bothered about money yet sells his information on his private blog. Why not just release it for free?
Occasionally his posts are so badly written it seems he is drunk when writing them.
sr. member
Activity: 336
Merit: 265
January 01, 2017, 08:57:14 AM
Where are all those upthread idiots (sloanf, freshman777, etc) and all their erroneous slander of Armstrong now?

Is OROBTC still stuck in his delusion that no one can predict the future when the record has clearly shown that Armstrong has predicted the future.

Mr. Armstrong; I want to thank you for you have been correct on every market demonstrating that everything is explicitly connected. What you have taught me is more than just trading a single market to make money. You have taught me how to see the world and connect the dots. I can see the light. You cannot be correct on gold, S&P to one point, the Euro, Dax, Trump, Brexit and China, without creating such a tool to monitor everything.

Of course, I met someone who is obviously incapable of understanding markets at all. He said you are not a forecaster because you say on the one hand the market can go up and it will tell us, but on the other hand it can go down and it will tell us. When I said you just have to look at the Reversals and your long-term timing has been impeccable and it does not change every week. He has no idea about markets and expects someone to say just buy or sell with no interest in learning about anything. I tried to explain to him but it goes in one ear and out the other. Yes he was a goldbug and when I said what about 1362, he acted like you never said that. I see what you mean that the majority of people are followers incapable to learning anything. We need such fools to trade against. I get that now. Don’t bother trying to convince them. Just trade against them like the bankers do.


Not only did gold stop $1 from Armstrong's $1363 prediction, not only did oil drop from $100+ to $54 closing for a prior year as predicted back when no one was expecting oil to drop, now we have another accurate prediction:

Congratulations Marty. We closed out the year less than one point away from your maximum (Tech 3) SPX 2016 target of 2239.8038 that your computer established on January 1st, 2016. That’s impressive. I never thought we’d see that number back in January or February, but fortunately your computer harbors no emotion and no bias! Keep up the great work and thanks for all you do.

Back in 2012, when the DJIA was 12000, his computer correctly predicted the 18,500 and 23,000 levels. The next one will be the phase transition to 36,000 - 41,000.

His computer predicted Ukraine, BREXIT, Trump, all years before they occurred.
sr. member
Activity: 336
Merit: 265
January 01, 2017, 08:52:06 AM
Discussion showing how big of a fraud Martin Scamstrong is where he said gold was manipulated and highly undervalued before going to jail then does a 180 afterwards claiming the opposite:

http://youtu.be/mir1hyg066w?t=494

He is lying. I was reading Armstrong's writings while he was in jail. All the writings are public and you can go research it for yourself if you are so inclined.

r0ach, sorry loser. You can't just quote some liars and expect to be taken seriously.

Amazing how much a blind man's ego can cause him to totally ruin himself out of pride.

Objectivity is not your passion. Did you approach it with an open mind and do your homework? No. You decided you are correct and you are going to find any liars you can to prove to yourself that you are correct. That is a great way to dig a deeper hole for yourself. Keep digging...
legendary
Activity: 2464
Merit: 1145
December 31, 2016, 10:42:17 PM
Discussion showing how big of a fraud Martin Scamstrong is where he said gold was manipulated and highly undervalued before going to jail then does a 180 afterwards claiming the opposite:

http://youtu.be/mir1hyg066w?t=494

but we do know based on GATA that gold is and was always manipulated by central banks especially the commercial banks in the US (the market makers). Just one reason to be out of it imo.

Not really.  The goal for them is to devalue it to the max possible to prop up the debt based scam dollar, while also attempting to avoid anyone from actually purchasing it from them.  This is obviously accomplished by fractional reserve paper markets but those eventually break down.  They say at the Crimex they only have to account for 1-2% of stuff on the books being demanded for delivery, so that's where your 100:1 fractional reserve comes from and why the value goes to the moon when it breaks on both gold and silver with a "run" on the Crimex.  I assume they'd likely do a new revaluation/Bretton Woods at this point too.  It seems to overall be an asymmetric trade on a long enough timeline.

Gold is thought of a safe haven when it rises people think something is wrong with the economy and they stop spending and hoard money or buy into safe havens. CBOE requires you to declare if you are going to ask for physical delivery rather than just trade the contracts for futures (i assume Comex does the same) and since most liquidity is just for trading i guess thats where the 1-2% comes in because only 1-2% are actually asking for delivery... once you trade the contract you cant ask for physical delivery which is stupid but its the system they created. So JPM and a few other banks have been given large credit lines to short sell gold (as we saw at $1536) there were large foriegn buyers sitting on Comex as it represented the low but large mysterious selling happened which accounted for more gold than ever existed and HFTs to frontrun and dump gold through the wall. Dimon later went on to say that it was JPM selling because they see it coming down in the future. When there is such large conflict of interest and especially when central banks are mingling with commercial banks to devalue assets that is when I would stay away from that asset. With Bitcoin they can't do that and Bitcoin is also thought of as a safe haven now too.

I think this is the most interesting change in narrative we've seen.

In 5 to 10 years maybe. But not right now with 15 billion marketcap and majority of coins held by a handfull people (that have ties to the financial elite).

legendary
Activity: 961
Merit: 1000
December 31, 2016, 07:59:36 PM
Discussion showing how big of a fraud Martin Scamstrong is where he said gold was manipulated and highly undervalued before going to jail then does a 180 afterwards claiming the opposite:

http://youtu.be/mir1hyg066w?t=494

but we do know based on GATA that gold is and was always manipulated by central banks especially the commercial banks in the US (the market makers). Just one reason to be out of it imo.

Not really.  The goal for them is to devalue it to the max possible to prop up the debt based scam dollar, while also attempting to avoid anyone from actually purchasing it from them.  This is obviously accomplished by fractional reserve paper markets but those eventually break down.  They say at the Crimex they only have to account for 1-2% of stuff on the books being demanded for delivery, so that's where your 100:1 fractional reserve comes from and why the value goes to the moon when it breaks on both gold and silver with a "run" on the Crimex.  I assume they'd likely do a new revaluation/Bretton Woods at this point too.  It seems to overall be an asymmetric trade on a long enough timeline.

Gold is thought of a safe haven when it rises people think something is wrong with the economy and they stop spending and hoard money or buy into safe havens. CBOE requires you to declare if you are going to ask for physical delivery rather than just trade the contracts for futures (i assume Comex does the same) and since most liquidity is just for trading i guess thats where the 1-2% comes in because only 1-2% are actually asking for delivery... once you trade the contract you cant ask for physical delivery which is stupid but its the system they created. So JPM and a few other banks have been given large credit lines to short sell gold (as we saw at $1536) there were large foriegn buyers sitting on Comex as it represented the low but large mysterious selling happened which accounted for more gold than ever existed and HFTs to frontrun and dump gold through the wall. Dimon later went on to say that it was JPM selling because they see it coming down in the future. When there is such large conflict of interest and especially when central banks are mingling with commercial banks to devalue assets that is when I would stay away from that asset. With Bitcoin they can't do that and Bitcoin is also thought of as a safe haven now too.

I think this is the most interesting change in narrative we've seen.
legendary
Activity: 2044
Merit: 1005
December 31, 2016, 06:41:03 PM
Discussion showing how big of a fraud Martin Scamstrong is where he said gold was manipulated and highly undervalued before going to jail then does a 180 afterwards claiming the opposite:

http://youtu.be/mir1hyg066w?t=494

but we do know based on GATA that gold is and was always manipulated by central banks especially the commercial banks in the US (the market makers). Just one reason to be out of it imo.

Not really.  The goal for them is to devalue it to the max possible to prop up the debt based scam dollar, while also attempting to avoid anyone from actually purchasing it from them.  This is obviously accomplished by fractional reserve paper markets but those eventually break down.  They say at the Crimex they only have to account for 1-2% of stuff on the books being demanded for delivery, so that's where your 100:1 fractional reserve comes from and why the value goes to the moon when it breaks on both gold and silver with a "run" on the Crimex.  I assume they'd likely do a new revaluation/Bretton Woods at this point too.  It seems to overall be an asymmetric trade on a long enough timeline.

Gold is thought of a safe haven when it rises people think something is wrong with the economy and they stop spending and hoard money or buy into safe havens. CBOE requires you to declare if you are going to ask for physical delivery rather than just trade the contracts for futures (i assume Comex does the same) and since most liquidity is just for trading i guess thats where the 1-2% comes in because only 1-2% are actually asking for delivery... once you trade the contract you cant ask for physical delivery which is stupid but its the system they created. So JPM and a few other banks have been given large credit lines to short sell gold (as we saw at $1536) there were large foriegn buyers sitting on Comex as it represented the low but large mysterious selling happened which accounted for more gold than ever existed and HFTs to frontrun and dump gold through the wall. Dimon later went on to say that it was JPM selling because they see it coming down in the future. When there is such large conflict of interest and especially when central banks are mingling with commercial banks to devalue assets that is when I would stay away from that asset. With Bitcoin they can't do that and Bitcoin is also thought of as a safe haven now too.
legendary
Activity: 2912
Merit: 1852
December 31, 2016, 06:28:58 PM
Discussion showing how big of a fraud Martin Scamstrong is where he said gold was manipulated and highly undervalued before going to jail then does a 180 afterwards claiming the opposite:

http://youtu.be/mir1hyg066w?t=494

but we do know based on GATA that gold is and was always manipulated by central banks especially the commercial banks in the US (the market makers). Just one reason to be out of it imo.

Not really.  The goal for them is to devalue it to the max possible to prop up the debt based scam dollar, while also attempting to avoid anyone from actually purchasing it from them.  This is obviously accomplished by fractional reserve paper markets but those eventually break down.  They say at the Crimex they only have to account for 1-2% of stuff on the books being demanded for delivery, so that's where your 100:1 fractional reserve comes from and why the value goes to the moon when it breaks on both gold and silver with a "run" on the Crimex.  I assume they'd likely do a new revaluation/Bretton Woods at this point too.  It seems to overall be an asymmetric trade on a long enough timeline.


I'm not sure re manipulation (etc.) as what GATA (etc.) have long maintained.  My *guess* is that gold is *somewhat* manipulated, but that is just a guess.  And I have been a buyer of gold for decades...

Even if there has been manipulation to the downside, that has been OK with me, allowing me to build my stack to about where I want it.  If additional income does come my way, OK, I may buy a little more, but feel under no pressure to do so, I have "arrived".

If the COMEX breaks (or similar), and gold is revalued WAY UP, that's more than OK too -- as long as society stays intact.  And my *guess* is that there will indeed be a BIG RESET up in gold price in due course.
legendary
Activity: 1260
Merit: 1000
December 31, 2016, 06:08:48 PM
Discussion showing how big of a fraud Martin Scamstrong is where he said gold was manipulated and highly undervalued before going to jail then does a 180 afterwards claiming the opposite:

http://youtu.be/mir1hyg066w?t=494

but we do know based on GATA that gold is and was always manipulated by central banks especially the commercial banks in the US (the market makers). Just one reason to be out of it imo.

Not really.  The goal for them is to devalue it to the max possible to prop up the debt based scam dollar, while also attempting to avoid anyone from actually purchasing it from them.  This is obviously accomplished by fractional reserve paper markets but those eventually break down.  They say at the Crimex they only have to account for 1-2% of stuff on the books being demanded for delivery, so that's where your 100:1 fractional reserve comes from and why the value goes to the moon when it breaks on both gold and silver with a "run" on the Crimex.  I assume they'd likely do a new revaluation/Bretton Woods at this point too.  It seems to overall be an asymmetric trade on a long enough timeline.
legendary
Activity: 2044
Merit: 1005
December 31, 2016, 05:17:32 PM
Discussion showing how big of a fraud Martin Scamstrong is where he said gold was manipulated and highly undervalued before going to jail then does a 180 afterwards claiming the opposite:

http://youtu.be/mir1hyg066w?t=494

but we do know based on GATA that gold is and was always manipulated by central banks especially the commercial banks in the US (the market makers). Just one reason to be out of it imo.
legendary
Activity: 1260
Merit: 1000
December 31, 2016, 04:32:15 PM
Discussion showing how big of a fraud Martin Scamstrong is where he said gold was manipulated and highly undervalued before going to jail then does a 180 afterwards claiming the opposite:

http://youtu.be/mir1hyg066w?t=494
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
December 29, 2016, 03:04:01 AM
Same idea with buying Bitcoin, if you HODL it, buy some from time-to-time.

True that the USA is not the only pebble on the beach, but for most Americans, moving overseas would be difficult, even for me with a Peruvian wife and an auto parts import company already there in Lima...

It would be like the former USSR circa 1970s

Or North Korea right now, with people asking for political asylum when they are allowed to go abroad on some task (say, sport competitions). It would be utterly ironic if the US follows the Soviet Union's lead in this respect. Though I don't think the government could impose such barriers today. Anyway, who is going to provide shelter to millions of snobby Americans? Indeed, if you have money and this money would obviously not be the US dollar (Bitcoin would do, I think), you shouldn't have any particular issues provided you have contacts with the right people in the country of your destination
legendary
Activity: 2912
Merit: 1852
December 28, 2016, 09:59:13 PM
Buying metals or even Bitcoin at that point will also be very difficult due to capital controls and a freeze in all digital accounts.  You won't be able to just log onto APMEX and buy metals.  APMEX will not want your digital fiat that they can't withdraw from a bank.  That money doesnt' exist as far as they are concerned.  So if you want metals or Bitcoin, you have to own it before the deflationary implosion actually happens.  There is no "buying the dip".  You can gamble and hoard physical dollars in hopes of buying locally at some pawn shop or something, but good luck with that

Our Bitcoin is not your gold

Actually, what you say mostly refers to the US in general and the US dollar specifically. The exchanges that I have dealt with in the past and which were trading fiat for bitcoins had nothing to with the US or the US government. Yes, the American citizens may be heavily fucked up if something what you talk about starts to unfold in earnest, but the US is still not the only pebble on the beach. So more power to the US government making Bitcoin more precious than it is already


All the better to have bought both BTC and gold before, as well as buying more if you can afford it.  If the day comes when APMEX (or Provident) will not sell precious metals, you would be glad that you bought when everything "looked OK".  Slow and steady buying is a very similar strategy to "dollar cost averaging".  And it builds the stack.

(Provident takes Bitcoin as payment, I have bought gold from them a few times)

Same idea with buying Bitcoin, if you HODL it, buy some from time-to-time.

True that the USA is not the only pebble on the beach, but for most Americans, moving overseas would be difficult, even for me with a Peruvian wife and an auto parts import company already there in Lima...
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
December 28, 2016, 01:40:35 PM
Buying metals or even Bitcoin at that point will also be very difficult due to capital controls and a freeze in all digital accounts.  You won't be able to just log onto APMEX and buy metals.  APMEX will not want your digital fiat that they can't withdraw from a bank.  That money doesnt' exist as far as they are concerned.  So if you want metals or Bitcoin, you have to own it before the deflationary implosion actually happens.  There is no "buying the dip".  You can gamble and hoard physical dollars in hopes of buying locally at some pawn shop or something, but good luck with that

Our Bitcoin is not your gold

Actually, what you say mostly refers to the US in general and the US dollar specifically. The exchanges that I have dealt with in the past and which were trading fiat for bitcoins had nothing to with the US or the US government. Yes, the American citizens may be heavily fucked up if something what you talk about starts to unfold in earnest, but the US is still not the only pebble on the beach. So more power to the US government making Bitcoin more precious than it is already
legendary
Activity: 1260
Merit: 1000
December 28, 2016, 01:33:11 PM
Vinny Lingham explaining, in part, why rising US rates impacts gold negatively but not (yet) bitcoin, something relevant to the ongoing discussions here.

Gold went to the moon in the 70's/80's even with 20% interest rates.  Money velocity is low right now unlike then, so by raising interest rates they just engineer a crash on purpose.  It's either a symbolic bluff and they will back out, or they really are trying to cause collapse and it comes down to the choice of:  Would I rather hold Bitcoin or gold and silver when the day of bank holidays comes?

Some people like to make believe that bank holidays and collapses are bullish for people hoarding physical dollars, but when everyone already knows the currency is backed by nothing and can be printed to infinity at any second, the banks imploding just undermines faith in the currency and sends the comparative value of metals higher.  So the nanosecond that you see banks refusing to let people withdrawal is the pivot point that sends metals to the moon because they already know the govt is going to try and print their way out of it.

Buying metals or even Bitcoin at that point will also be very difficult due to capital controls and a freeze in all digital accounts.  You won't be able to just log onto APMEX and buy metals.  APMEX will not want your digital fiat that they can't withdraw from a bank.  That money doesnt' exist as far as they are concerned.  So if you want metals or Bitcoin, you have to own it before the deflationary implosion actually happens.  There is no "buying the dip".  You can gamble and hoard physical dollars in hopes of buying locally at some pawn shop or something, but good luck with that.

legendary
Activity: 961
Merit: 1000
December 27, 2016, 09:47:42 PM
Vinny Lingham explaining, in part, why rising US rates impacts gold negatively but not (yet) bitcoin, something relevant to the ongoing discussions here.

https://vinnylingham.com/bitcoin-2017-a-currency-devaluation-hedge-for-emerging-markets-849931d71f6f#.49gj0ghyu

"Some would argue that Bitcoins don’t provide yield similar to gold and therefore should be subject to the same price pressures that rising interest rates impact gold, but the reality is that the current market capitalization of Bitcoin is fractional to gold and so, for the time being, the expected capital appreciation of Bitcoin heavily discounts the need for a yield curve right now. This may change in the future."

Blog post also explains global dollar short and expectations for 2017.
legendary
Activity: 1260
Merit: 1000
December 27, 2016, 08:01:23 PM
Armstrong is a great bullshit artist:

Quote
This will come to a head in 2029, but the end of Marxism may not unfold until 2072.

Predicting the death of Marxism on the exact date of 2072 (LOL).  How can anyone take this guy seriously?
sr. member
Activity: 336
Merit: 265
December 27, 2016, 02:03:21 AM
being required to be a suicidal nihilist, which is a demographic that doesn't reproduce well either, breeding themselves out of existence by whoever is dumb enough to adopt it.

R strategy could be quite effective. I could have fathered dozens if not 100s of children by now, had I not restricted myself with condoms, withdrawal, and at times abstinence.

In which political quadrant do each of you subscribe:

https://bitcointalksearch.org/topic/m.17311269

Just look at the quote:  "Like anything else, nature is the best teacher".  Human life is a story of the individual moseying around, then comes in contact with a collective group who kicks them in the face, forcing the individual into a collective group of their own in order to not go extinct.  Jews practice all these blatantly obvious traits, which is why they're winning, while trying to impose Marxism on everyone else to prevent them from coming together for common interests to compete at all.  They are also heavy into anarchism, except not for their own civilization, only to destabilize others to take them over.

Bitcoin isn't required to be a digital 666 tracking grid to be a trojan horse like you're always saying.  It could just be a designed to collapse system they put up that acts the same way anarchy does to undermine power structures and then collapses, letting someone just walk in and impose some new system on top of it like a federated govt chain since none of these so called decentralized systems actually work.

Organization will always be a power vacuum. Sorry.

Your dream of the white man organizing to build a Babylon to defend against opportunists is just handing power to the opportunists. You won't find any solutions.

Evolution is just a chaotic soup. Fit in any where you wish, it won't matter. We are not that important. Comedy is therapeutic. My idea is try to enjoy life a bit, and care for the people who care for me.

r0ach, have fun trying to get your fellow lunatic white men to stand up unified and organized:

So you actually support eugenics?

(Aka what happens with those who cant pay for security and healthcare...

Typical leftist hysteria.

Equating personal responsibility with enabling eugenics.

Lunatics like this will definitely create another Holocaust.

Everything is privatized. What happens with those who cant pay for the service?
Lets take the PH as an example because you live there.
What does happen with them?

They end up on street selling their body, organs and kids.

Am i wrong or right?

They rely on extended family. You know something that is entirely gone from the culture of Europe where you send your parents off to die while you are in Southern Europe on a tanning vacation with your 2 months of mandated paid vacation and too busy to return home for their funeral.  The Frankenstein Babylon that socialism has built.

Think again about my eugenics statement. What happens with people who have no extended family?
Do you think the weakest people in our society have something like a family helping them?
You are letting this people die and dont give a shit about them. You just dont want to admit it.

What a cold, dark, humanity if those who have lost all their extended family are not adopted and cared for by some family.

The leftist religion is all about replacing humanity (and love) with collective indebtedness, corruption, and rewarding non-production while penalizing production.
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