Topic: Martin Armstrong Discussion - page 248. (Read 647062 times)

Allowing the conservatives to (appear to) be running the ship when the ship sinks because of the irrevocable collapse the liberals (and neocon fascists) baked in, so the liberals can blame the conservatives and not learn anything about their mistakes, is orthogonal to the fact that when the ship collapses the dollar short will come running home to the safe haven of the liquidity of the reserve currency and thus:

dollar up, gold down.

And then since dollar up and contagion collapse outside the USA, thus Bitcoin up as the alternative means of moving capital out of harms way. Remember from recent upthread debate, that gold is not liquid, Bitcoin is. And speculative piling on because of it. And Bitcoin is a speculative asset so when the USA stocks are rallying, expect Bitcoin to rally, which has been the case and because everything else in the world will be collapsing so very few asset classes rallying.

Bitcoin is exhibiting the textbook new technology adoption curve and we've already come out of the valley after the initial craze and so there is only one general secular trend from here (albeit with corrections from higher highs along the way):

Up.

Later after 2018 or so, when the contagion of dollar shorts has peaked and USA dollar and stocks have concomitantly peaked, then that is when gold can run up significantly. And I think Bitcoin may also continue up, although that might be the time for big correction if it has already run up to significantly higher ATHs. Note that doesn't necessarily mean gold won't bottom until the dollar peaks (and as r0ach pointed out, especially if you aren't measuring the gold priced in dollars but some other currency).

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RAJSALLIN

I too have seen that idea, namely that Trump winning would serve The Elites well in that "they" could cause a stock market panic and recession.  And that idea has been persistent for months now.

I don't really know how to assess that.  Recall that under Reagan we had a recession at the beginning of his administration, and then the economy grew nicely leading to his re-election.

We are due for a recession, they typically come by every five years (+/- 2 years)or so.  We left the last one (official numbers) in 2009.  So we have been in recovery for 7 years, albeit a very weak one.

Note (as Armstrong and every person with a functioning brain would) that our US national debt now stands at $19.7 trillion (again, official numbers), which is TWICE where it was when W left office.

You can more than double your btc holdings by simply being in cash until we reach bottom.. imo we wont be seeing new highs.. always go against the grain

You speculated before the election that Trump could be the elite's choice and that they would blame him for an economic melt down. How do you see this playing out now that he actually got elected? That very much resonated with me I'm just not clearly seeing how the economy will tank now that they got a president who actually understands some of the underlying problems.

With corrections along the way when overbought.

(Wildcard is the Bitcoin killer altcoin, lol)

Thanks for clarifying. So bitcoin long for a few years. I like that prediction.

I agree. I lean towards it not falling below $650 again before a new ATH.

I think Coindesk got it not quite correct because they don't understand the theme of dollar short contagion:

www.coindesk.com/bitcoin-traders-believe-trump-win-trigger-price-boost/

Bitcoin seems to be on the receiving end of the lurch to dollar inflows into the USA (as the massive global dollar short unravels due to Trump) because the instability in the rest of the world as the dollar short contagion spreads and accelerates. Bitcoin is a safe haven asset and also speculative, so it is more aligned with the USA stock market in this context than gold.

After 2018 or so, gold and Bitcoin will align, and the dollar may turn down relative to "get off the grid" assets. USA stocks will likely peak also as the China craters into its 2020 bottom and Europe falls of the rails for its multi-decade decline into a 3rd world clusterfuck.

@Lateralus , Thank you for sharing the information.

I don't believe it'll drop below $600 again before a new ATH next year, chinese fud doesn't seem to be working.

What about bitcoin? Does it follow gold down?

Yea ive been saying USD + STOCKS up together since 2010ish, 32k is still possible before the final debacle.

USA stocks, US dollar going up, gold going down as has always been the official predicted trend since roughly 2015.75 (although it started mid-2011ish in most respects as Armstrong had stated in Barrons magazine before mid-2011).

Prepare for that trend to resume and accelerate:

There were definietly more people then MA forcasting a trump win like alan lichtman or ray fair.

I would like to talk about the dollar though. It lost 3+% in comparions to other strong currencies mainly yen, chf, euro etc.

Will the dollar rebound and rally to new highs in the coming future?

Most people connect trump with economic uncertainty.

Not necessarily. They get to dump the entire devolution of the global collapse into Trump's lap and give a reason for Liberals to blame Conservative, divide-and-conquer the great nation on the way to a world government to replace the broken nation-states model.

Meanwhile Trump supports their Five Eyes data privacy invasion.

Looks like the rothchilds are losing their grip, not in material wealth but in their grip on how people think.  All this is great news for bitcoin with trump in.

Note how the States Hillary won (or very close votes and/or many Latinos) are also significantly correlated with the legalized-for-recreational-use marijuana states (legal for medical use isn't the same issue):

http://www.fox5ny.com/news/216285833-story

This portends the future geographical split of the USA into autonomous regions as portended by Armstrongs computer model.

More precisely the central corridor (mid-west, Texas, and southeast except south Florida) is the traditional Bible Belt. This is why Montana and N. Dakota are exceptions (they vote Trump because they want they want less government intrusion but they are not religious). The divide is more about religion (and its concomitant culture) than anything else. Note (especially brown) Catholics are not the same as Protestants, which is why the Latinos (on average) have insufficient discipline when it comes to marijuana (my Colombian friend says it is widespread usage throughout South America). Filipinos while being largely Catholic are really more tribal and (Malay)asian, which explains their lurch to the conservative side with Duterte and vigilante war on drugs. You can see this for example looking at the animist art in Peru or any South American country, compared to Philippines art which is more pragmatic and adopting novel themes relative to recent modern events. Asians are boring, conservative, modernization focused, business focused, and pragmatic.

We are looking a divide in the country based around those fundamentalist Protestant cultures the represented the core of American values when I was young. The Liberals in the North East (and now West coast) have always been "city slickers" to us in the Deep South (I was born in New Orleans). The imported Latinos on average are liberal.

Note my parents are liberal (which is probably why they moved away from Louisiana), and I am more conservative because I identified more with my grandparents who were conservative Protestants.

Interesting, Trump says, "sorry to keep you waiting so long, this is complicated business". Then he explains he was talking to Hillary and then asks for us to give her appreciation. Hmm...

Sounds like a backdoor deal to not prosecute may have been reached if she would concede?

Rothschilds has pushed Clinton, Obama, and the political insiders Establishment  into a "fight or go to jail" corner, and they are preparing to fight as predicted:

Be careful as they manipulate you to presume Wikileaks isn't doing it because via their MSM they emphasized that Snowden's expose was more guarded.


When you (even partially, indirectly) control the source and the ONLY megaphone, you are in control (more than you would be with only indirect control of only either one). There are externalities which form leverage.

Having the NSA (actually the Five Eyes agencies) feed you everything about everyone, is amazing leverage of a myriad of blackmail circumstances for example and also identifying and knowing all hidden communications between the various factions.