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Topic: Martin Armstrong Discussion - page 273. (Read 647062 times)

sr. member
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April 30, 2016, 06:24:35 PM
In the end, it is almost irrelevent differentiating between an outcome of deflationary collapse and hyperinflation.  All that really matters is the cogs stop turning.  You will have to flee to another country that uses the closest thing to "honest money" possible or risk sitting around in a perpetual, unproductive ghetto for a decade or so.

The inflation / deflation "recipe" the Elite are using is more advanced than single-dimensional classical analysis. They are inflating the debt-markets (otherwise they go bust by non-refinancing / non-rollover of debt) and deflating the small guy. Large debt markets get refunded and the small guy gets a liquidity crunch or a problematic daily costs / daily income ratio (if he doesn't own any loans).

Thus the small guy is like "what inflation? The dollar (or X currency) is becoming scarcer by the day - I'd do anything for (...fewer) dollars than yesterday because my bills are now bigger and the pressure is mounting".

Deflating the small guy leads him to the pawn shop to sell his jewelry, leads him to ebay, to sell his stuff, leads him to the real estate agent to sell his property, etc etc. Why? Because he needs to find cash - which are becoming "scarcer", not because the government isn't issuing a lot of currency, but because the banks are slowly drying up the avg person liquidity and the costs of life are rising.

It is essential for their plan to have the small guy beaten by deflation while they are inflating the debt markets by the trillions. If the small guy had "helicopter money" he would be buying precious metals, bitcoins etc. Even if 95% of the people just went on walmart and spent their helicopter money, the 5% that would choose to stack some gold, silver, bitcoins etc, would be *extremely* dangerous in destabilizing their price suppression schemes on alternative currencies.

All of the above applies for western societies mainly, where people's purchasing power is immense (by global standards) and their currencies are considered "solid" - without much inflationary effect being visible (that's an illusion btw).

Developing countries with inflation are a lesser threat to the elite because they also have the issue of capital controls, in the sense that the population of a developing country with high inflation, rarely has unlimited access to the forex market, or the gold market. If, say, a country with high inflation allowed their citizens to buy dollars or gold in an unlimited fashion, they would simply run out of foreign reserves to buy essentials like food, oil etc - which are traded with USD in the global commodity markets. No USD reserves = no commerce / no imports = problems. So, for reasons of "general wellbeing" it will be generally disallowed for citizens to (massively) dump their currency in favor of foreign currencies or gold.

The developing countries are the "useful idiots" of the whole system as the developed countries point to them to "prove" that they have no inflation. If, say, Venezuela runs at 50%, then USA can pretend to run 0% - because no-one is challenging them in terms of running an honest currency. The western nations are also inflating in sync, so that it is imperceptible what they are doing. Even countries which do not have the need to inflate their money supply, did so. Switzerland for example. They were getting all those inflows from other countries and then they "decided" to "peg" their currency to the euro in specific ratios. In other words, issuing as many new swiss francs as were needed in order to ...buy all the inflating euros, dollars etc. The hand of the Elite is quite visible in cases like this because such moves don't make any economic sense in the context of said nation (Switzerland is not China that would be hampered by rising currency rates - in fact it would boost the perception of solidness and by extension their banking sector which is their ...core business). These moves only make sense under the macroscopic view of the global economy and in-sync / co-ordinated attempt to inflate all western nations simultaneously, in order to make devaluation imperceptible.

Now, regarding the end game. There is no end game unless they decide so. What they are primarily interested in is to make a financial reset that allows them to use a similar economic system as this one, without the economic system taking the blame for the "collapse". They want to attribute the fall to outside causes. Wars, disease, terrorism, "irresponsible corporations", natural disasters - whatever they can. They do not want to make it apparent that the debt-based system was a scam and doomed from the start. They will perpetuate this for as long as it serves their purpose and for as long as they haven't found the right excuse to proceed to a reset.

This is excellent. I will be copying (quoting) this two threads in the Economics forum.

Edit: note I had written similar explanations several times, including this published essay (but note I didn't understand at the time of that published essay that gold is just a hedge against government and the hyperinflation is not the normal outcome, which are both facts I learned from Martin Armstrong).
sr. member
Activity: 420
Merit: 262
April 30, 2016, 05:36:58 PM
Granted you may be actively trading and planning on stopping out before taking a big loss, sure, but that whole approach is still not really "risk averse" as I would consider the term (in the sense of owning 25% metals, 25% land, etc.)

Correct, because stop losses are losses. They are not diversification.


Anyone who is risk adverse would have a portfolio of something like 25% physical cash, 25% metals, 25% land/rental properties, 25% btc.

Anyone who has more than 25% of their liquid network in crypto (and the rest in instantly illiquid assets such as gold, cash, and land since governments routinely cancel cash, apply capital controls to gold, and can raise taxes egregiously on land causing buyers to run away) at this stage of the imminent global liquidity squeeze as interest rates rise and with the risks of CC failure due to centralization, is either very poor already and gambling with lunch money, or is a high stakes gambler and not a prudent investor.

Stocks and bonds are out of the question right now

US stocks are one of the best and most liquid investments one can make for the timeframe through the end of 2017. You gain the benefit of a US dollar that will rise ~30% over that time frame compounded by a 50 - 200% rise in the stocks as the rest of the world piles into these two safe havens (dollar and US stocks denominated in dollars). The justification was explained in my upthread posts (which link off to the Martin Armstrong thread in the Economics forum which has more detail).

AAA-rated USA corporate bonds are also a similarly phenomenal investment right now for the same reasons. Governments' bonds should be avoided like the plague.

Edit: my subsequent post contemplates that the SLINGSHOT move may be delayed another 1.5 years depending on outcome of BREXIT vote.
sr. member
Activity: 420
Merit: 262
April 28, 2016, 06:52:11 PM
It doesn't make sense. But it is a fact. The value of dollars raised by foreign corporations via bonds that have to repaid in dollars is $10 trillion since 2008.

The Hong Kong dollar is pegged to the US dollar. The Chinese Yuan has been more or less pegged the US dollar. This policy enabled China to force all savings in China into 0 profit manufacturing. Read Michael Pettis to understand the macro economics.

What you think is irrelevant. These are the facts.

...the flight of capital to the US would send Bitcoin to the moon in the process.  I think this debunks your idea that gold and Bitcoin can be linked at all completely.  Capital flight to US assets or USD will send Bitcoin skyrocketing.  Bitcoin is the Rolls Royce of capital flight.

Indeed this is what is predicted for 2017 to 2020ish. But first there will be an initial asset-wide reaction to a global liquidity squeeze when the interest rates change direction. Then the capital flight movement (from the liquidity crisis affected economies) leads to a concentration in USD, US stocks, Bitcoin, and gold and other tangible private assets will upward spiral (positive feedback loop effect) into to a bubble stampede into them. Thus the V bottom slingshot prediction.

And gold will be also be going up as a safe haven flight asset:

Ethereum still looks massively inflated. I would not feel comfortable holding any amount for longer than a few days.

It has been massively inflated since Day 1 of the ICO. That hasn't been relevant though.



I mean, it's obvious why, just military dominance.

There's a lot of truth in that. London UK became the financial center of the world thanks in large part to the British Empire. And with American geopolitical predominance, history has repeated: trillions upon trillions of greenback-equivalent just keep knocking of the door of New York to be let into the American capital markets.

And here's a fun fact: when the sun sets on the geopolitically-predominant power, two aftereffects persist: 1) world-class standing in the capital markets; 2) a bloated military budget.

The shift of the military and financial capital of the world from the USA to China+Asia won't be complete until 2032.95 (thus isn't relevant to our current discussion):

https://www.google.com/search?q=site%3Aarmstrongeconomics.com+rise+of+China


sr. member
Activity: 420
Merit: 262
April 28, 2016, 05:22:25 AM

without looking it up (i'm lazy tonight) gonna state you are wrong about the comparison of man's co2 to volcanoes.

Read what Armstrong wrote as quoted in my prior post. It is the ash, not the CO2 that matters.

The ash and particulate from volcanoes creates a 2-3 year cooling effect which can be world wide.  however, this is not a permanant change.

Armstrong's supercomputer and $billion of historical data has correlated that in fact it is a more permanent change or inflection juncture (perhaps not climate but societal). Science (data) trumps guesswork.

It must kick off a cascade of effects.

Follow-up by Armstrong with charts:

https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/we-are-headed-into-a-new-ice-age-but-when/


Correlate with the scientists' recent discovery of a backtested predictive computer model for the sun's emission Maunder Minimum which predicts Mini Ice Age starting again 2030ish:

https://www.google.com/search?q=site%3Aarmstrongeconomics.com+maunder+minimum

I am not obliged to faithfully believe Armstrong's "Supercomputer."  Just show persuasive arguments backed with facts.

THanks.

No one demanded you to do so. You retain your free will and can lose or gain from your decisions. You are welcome to compile the data yourself and build your own model. In the meantime, I make judgements based on discernment.

I believe if you challenge MA in email, he will provide the raw data to you and some direction on his methodology.

I believe the charts he showed are displaying generally available data.

As for the backtested predictability of the correlation of societal change, I think you need $billion to compile the data Armstrong claims to have compiled and multi-dimensionally cross-correlated.

The cited backtested model for the Maunder Minimum 2030 prediction has 95+% backtested accuracy and is an open sourced scientific discovery. It doesn't come from Armstrong's database and computer.



While there is a body of scientific literature discussing the probability of a coming mini ice age, this is credited as existing by Armstrong, and is not predicted by him or his computers.

Yep that is my point.

As for the rest of your comments, it's up to him (or you) to back the claims made with proof.  Not my job.

Incorrect. A man without discernment is lost. You'll never have absolute proof for every decision and judgement you need to make in life. The scientific method is not absolute proof.

Your taxonomy is too strict and out of touch with reality.
sr. member
Activity: 420
Merit: 262
April 28, 2016, 04:27:46 AM
This is what is going to happen to you:

I believe you will learn a very important lesson soon.

Remember the Chinese miners are highly leveraged fiat debt queens.

Manufacturing in China is a 0 profit activity. Read Michael Pettis.



Remember the Chinese miners are highly leveraged fiat debt queens.

And they're in an emerging market with tremendous growth potential, while everyone else on the planet is also in the same enormous fiat debt, except their debt is in something not productive.  When the cascading defaults occur in the global economy, it will create a black swan event.  So much of the digital fiat will instantly vaporize that the system will no longer function.  The people who maxed out their credit cards on something that will actually be useful on the other side of this are probably the smartest people in the room when nobody is going to be paying back those debts anyway.

It doesn't work that way in practice. Armstrong has explained that rest of the world will collapse first driving the USA dollar skyhigh, because the rest of the world was borrowing in dollars and pegging their currencies to dollars, thus the rest of the world is short the dollar. A massive short covering effect is coming. And thus the international capital will follow like ducks chasing the gains in the USA dollar and USA stock market. Causing a massive bubble while the rest of the world is collapsing.

When the dollar becomes too strong and the bubble reaches its apex, then the dollar will collapse and the world will end up in a monetary reset chaos 2018 - 2020.

So what's your reply to this?  You think the Chinese miners are going to get squeezed so hard they have to dump everything?  They already dump everything lol.

The large scale miners operating on debt. They will be forced to dump more Bitcoin as interest rates rise. Mining on low interest rate loans has been great.



Your scenario doesn't make sense.  There's no reason for all these nations to be beholden to the US dollar and collapse while acting as indentured servants to the US.

It doesn't make sense. But it is a fact. The value of dollars raised by foreign corporations via bonds that have to repaid in dollars is $10 trillion since 2008.

The Hong Kong dollar is pegged to the US dollar. The Chinese Yuan has been more or less pegged the US dollar. This policy enabled China to force all savings in China into 0 profit manufacturing. Read Michael Pettis to understand the macro economics.

What you think is irrelevant. These are the facts.
sr. member
Activity: 420
Merit: 262
April 27, 2016, 08:31:58 PM
Fed hikes, Bitcoin down. As I told you would happen, that the speculation markets fear rising interest rates, so initially there will be a contagion as in 2008:

https://www.cryptocoinsnews.com/bitcoin-price-awaits-fed-rates-call/

The larger contagion is still to come. We may make another push towards $500 after end of the month.
sr. member
Activity: 420
Merit: 262
April 27, 2016, 05:41:39 PM
Martin Armstrong is not wrong about rising interest rates. They are coming as predicted. He never gave a specific date for interest rates to rise. It was only that trend would start 2015.75, which it did. The acceleration is coming. Hold on to your underwear.
legendary
Activity: 2044
Merit: 1005
April 27, 2016, 04:01:30 PM
Remember when Armstrong was "forecasting" that the Fed was on the path to raise rates back in September 2015. 8 months later, only one hike. No comments...
Indeed, "The Forcaster" can be wrong with his opinion.  Even MA said he is not perfect himself and can't make 100% correct predictions. But a 60 to 90% hits (depending on which area) isn't that bad, IMO.  Cool

Except that his whole flawed theory is based on interest rates rising in the US.

he will never be right about exact timing of things to happen because people can change their minds.. its not a DAC. But maybe his ideas have merit IF and WHEN the rates go up, because we know they will and how will market take it... but then again we all know what will probably happen without a tech. breakthrough we are doomed for a depression.
newbie
Activity: 133
Merit: 0
April 27, 2016, 03:40:40 PM
Remember when Armstrong was "forecasting" that the Fed was on the path to raise rates back in September 2015. 8 months later, only one hike. No comments...
Indeed, "The Forcaster" can be wrong with his opinion.  Even MA said he is not perfect himself and can't make 100% correct predictions. But a 60 to 90% hits (depending on which area) isn't that bad, IMO.  Cool
sr. member
Activity: 420
Merit: 262
April 27, 2016, 01:32:54 PM
@TPTB: Isn't gambling on alts very risky long term since BTC could crash anytime ? I'm always scared into putting money in ETH or XMR because while I see them increasing in BTC price at certain times, they could also decline in term of USD... I missed the latest XMR rally because of that. I saw it coming but I thought : yeah it can go x2 but btc could go down to 150...

The only speculators who are consistently winning on altcoins are those who buy/mine them when they are worthless, and then selling them when they get pumped.

Long-term if you believe a particular altcoin has a feature set and adoption direction that will drive it to compete with Bitcoin, then perhaps you can justify a long-term holding and just ignore the gut wrenching volatility.

I believe perhaps the Chinese felt Ethereum would be a major coin and thus I believe they have thrown BTC at it. And I think many people mined ETH because it can be mined with a GPU, thus there are many people willing to evangelize it. So it was a self-fulfilling bubble because so many people got interested in it. I do believe it will end up like Litecoin and BTS did, because fundamentally AFAICS it doesn't add anything realistic that is a huge market. But it might be good for another move up to perhaps a double-top before we are done. Right now is maximum pessimism because Vitalik admitted he sold 25%. And Homestead hype is already released. But there is still the hype coming before the release of Casper (if we haven't preempted it with the Ethereum Paradox thread, but I doubt we have that power here in this obscure forum).

Right now all the CCs have to be analyzed in terms of what speculators want to buy and mine. The speculators are like a hive of bees and they move from one arbitrage to the next, not only on price but also on mining hash functions, etc.. There is a lot of game theory to analyze in this speculation ecosystem comprising Bitcoin and the altcoins.

I don't really know what to advise you. I would not short BTC. I am not that confident of a crash.

What I am doing is moving to cash USA dollars (because upside on speculation is limited to perhaps a 100% gain and I am more interested in preservation of capital for the moment and the US dollar should give me solid 30 - 50% gains if I hold to late 2017) and I want to buy an altcoin very cheap later this year or early 2017 to aim for 10 to 1000X long-term gain (not a pump). I think you can guess which altcoin I would want to buy because I would have the most confidence in my own role as a lead dev.

The lack of timeline in the fall of BTC makes me miss alot of profit !!!

It is easy to convince ourselves of the profit we would have made, because we ignore all the wrong speculations we would have also made. In retrospect our performance is perfect, lol.

@TPTB: I have a theory regarding ETH. We all thought wallstreets would wake up to BTC at some point and they would end up buying it from us. We all thought we were front running them. What if Wallstreet has another strategy ? they back coins such as ETH, and use their enormous positions to pump the price to agitate greed inside us so we give them our rare btcs for their unlimited eth ?

Excellent! Yeah the game theory is complex.
sr. member
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April 27, 2016, 08:16:41 AM
4)  Market cap is determined by market makers and market makers plan to raise the price.  People don't build 100 million dollar mining facilities and then let the price be determined by sheer luck or fate.

The mining profit will come from increasing transaction fees × transaction volume. The problem is that increasing the block size too much will lower the fees. This is why this has been such a contentious issue. The mining cartel in China wants to make sure they can set the block size to maximize that multiplicative product. Why do others not able to deduce what is so obvious to me  Huh

Bitcoin's volatility makes that entirely insignificant. Bitcoin can't be a currency until it has an economy where it is the unit-of-account. Well it actually has one, that is Bitcoin is the unit-of-account of the crypto gambling economy.

This is more important than you may realize. The Chinese are trying to trade their BTC for ETH, so they can control Ethereum when it goes Proof-of-Stake in Casper. So they can control the block sizes so they can maximize the transaction fees × transaction volume multiplicative product. Realize the Chinese want to control that multiplicative product for all major CCs. They will control the #1 PoW coin Bitcoin and the #1 PoS coin Ethereum. They control Bitcoin via ASIC mining and Ethereum by owning a majority of the ETH.

This is another reason ETH will rise again after BTC peaks at $500:

Btw, I think a double-top for ETH at $15 is likely. Too much bad news has come out, sentiment is negative, and I had always said it would bounce at $7. There needs to be a GPU mineable alternative to Bitcoin, same as the role Litecoin provided. It doesn't matter that ETH has no adoption. It is purely a store-of-value arbitrage/speculation proposition.
sr. member
Activity: 420
Merit: 262
April 27, 2016, 07:49:49 AM
At $500+, I don't know why anyone in their sane mind would hold Bitcoin. You aren't going to make +100% gain from $500 in 2016.

Let's break out the list:

1)  Because it's literally a free money asymmetric trade, which is why the price is going up.  The odds of losing are far lower than gaining.

That is what rpietila was preaching at $1000, $600, $300, but afair he got mighty quiet at $150. I was on the opposite side of all those calls.

Hope you aren't going to repeat the fatal mistake of marrying an asset. Marriage is for once-in-a-lifetime relationship between individuals. An asset is a groupthink phenomenon.

2)  There are only two monetary instruments on earth immune to cascading deflationary collapse of fractional reserve fiat from debts and loans going bad:  Bitcoin and Metals.

Until at least the end of 2017, the US dollar will not be deflating because the rest of the world is already deflating, is $10+ trillion "carry trade" short the dollar, and the chaos is sending massive international capital stampeding for a safe haven in the US dollar and US dollar assets such as the USA stock market and trophy real estate. Armstrong has been predicting this since 2012 and he explaining it will radically accelerate probably after the BREXIT vote.

BTC, gold down, US dollar up. Sorry man. Longer-term gold, CC up, and US dollar up. 2018+ a global monetary reset.

3)  If I buy gold, it has less utility than Bitcoin.  Where can I spend gold?  Nowhere.  All I can do with gold is mail it back to the gold dealer for 90% or less of what I paid for it.  Bitcoin utility is currently higher than gold for most people, yet the market cap is zilch.  Expect a correction to occur with Bitcoin market cap increasing because this is a truely distorted market if the tiny market cap asset has more acceptance and utility than the huge market cap one.

Those whales who invest in gold don't trust Bitcoin as an asset. Those who use Bitcoin for transactions are not that numerous. Bitcoin is caught in between two markets it can't do either one very well. Why do you think I am going to fix this problem! Because I see precisely where the problem is and how to fix it.

4)  Market cap is determined by market makers and market makers plan to raise the price.  People don't build 100 million dollar mining facilities and then let the price be determined by sheer luck or fate.

The mining profit will come from increasing transaction fees × transaction volume. The problem is that increasing the block size too much will lower the fees. This is why this has been such a contentious issue. The mining cartel in China wants to make sure they can set the block size to maximize that multiplicative product. Why do others not able to deduce what is so obvious to me  Huh

5)  Bitcoin moves in bubbles and there was an extremely long bear market accumulation period with observable hard floors.  Whenever a long accumulation period occurs on an actual liquid asset, the price explodes afterwards.  If you think Bitcoin is not going to see big moves, you are mistaken.

Volume matters. We have very low volume on this rise.

6)  The inflation rate is going from 8% to 4%, so it's actually a real currency now instead of some hyperinflating bullshit.

Bitcoin's volatility makes that entirely insignificant. Bitcoin can't be a currency until it has an economy where it is the unit-of-account. Well it actually has one, that is Bitcoin is the unit-of-account the crypto gambling economy.
legendary
Activity: 2044
Merit: 1005
April 27, 2016, 01:37:00 AM
Dont trust anyone who claims to know the exact date the market will crash.

Except the person who has done it so many times.

Again it is never "the market will crash on this date". It is always an "if this, then that".

All i now is that his 2015.75 prediction got blown out of the water. Zerohedge has been 'predicting' the great crash ever since 2009.
Again plz read my post I said don't bother short or medium term with ma only long term.
Short term just go opposite of anonymity or ma and you will make money. That's what I did. They are profitable indicators for me.
sr. member
Activity: 420
Merit: 262
April 27, 2016, 12:45:02 AM
Dont trust anyone who claims to know the exact date the market will crash.

Except the person who has done it so many times.

Again it is never "the market will crash on this date". It is always an "if this, then that".

All i now is that his 2015.75 prediction got blown out of the water. Zerohedge has been 'predicting' the great crash ever since 2009.

Try reading this thread before you put your foot in your mouth.

I already documented that the Baltic Sea index's dead cat bounce peaked exactly on March 13/14 turn date. And the 2015.75 turn date coincided precisely with either the refugee crisis start or Putin entering Syria (I forgot which it was).

Armstrong never predicted a market crash on 2015.75. This is the turn date for the major downtrend for the sovereign debt crisis. And we got a major push to destroy Europe on precisely that Sept 30/Oct 1 date.
sr. member
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April 27, 2016, 12:43:39 AM
"Scam" doesn't really seem relevant here.  Ethereum talked about what they planned on trying to deliver over a year and a half ago in these forums and did exactly that.  They came out with prototypes long before release.  If they'd run off with all presale money without delivering then "scam" might be appropriate but when someone does exactly what they say they are going to try to do you can't classify it as a scam - doesn't really fit the dictionary definition.  Words mean stuff ... save scam for when it applies (and FUD too for that matter).

As to the scaling - ethereum has a roadmap that should lead it into feasable scaling with casper.  At Bitcoin's current trajectory even quadrupling the transaction load would be death.  At least ethereum acknowledges it as a problem and is taking proactive steps.  Not some hellish wallet hack that should be done thru a hardfork WITH a blocksize increase.

FWIW I feel as uneasy with my money in ethereum as bitcoin.  But his big picture view of what could happen with a price increase -> volume increase -> clogged transaction -> halving -> price drop -> further hash drop -> further price decrease reflects what I've been thinking for the last few months.  I give it some probability of happening and I see it discussed very little.

At $500+, I don't know why anyone in their sane mind would hold Bitcoin. You aren't going to make +100% gain from $500 in 2016. No way Jose! The point of holding Bitcoin is for a long-term bet and with a lot of capital. For your quick 10 baggers, you have to play the bets with altcoins.

The dollar will appreciate 30 - 50% from now through end of 2017. Since Bitcoin is a preservation of capital holding, it is a no brainer to sell Bitcoin $500 to $600 and hold dollars until later in the year and get some clarity.

Btw, I think a double-top for ETH at $15 is likely. Too much bad news has come out, sentiment is negative, and I had always said it would bounce at $7. There needs to be a GPU mineable alternative to Bitcoin, same as the role Litecoin provided. It doesn't matter that ETH has no adoption. It is purely a store-of-value arbitrage/speculation proposition.

P.S. I've removed rdnkjdi from my Ignore list because he only went there because he asked me to, he doesn't deserve to be grouped with the real trolls, and his posts lately are more thought out.
legendary
Activity: 2912
Merit: 1852
April 26, 2016, 10:08:12 PM
Dont trust anyone who claims to know the exact date the market will crash.

Except the person who has done it so many times.

Again it is never "the market will crash on this date". It is always an "if this, then that".

All i now is that his 2015.75 prediction got blown out of the water. Zerohedge has been 'predicting' the great crash ever since 2009.


LOL    <=== (in a good sense)

Zero Hedge (or rather their columnists) rarely get(s) it right.

I have hardly ever seen a Big Prediction (from anyone) come true when the predictor gives a specific time frame (or even conditionally).

Predicting the future is very hard.  I contend that NO ONE can do it with any decent percentage above random...

But, I am open-minded to Armstrong, as he has been building the BIGGEST database of indicators and looks at cyclicality.  His take is unique, and he DOES have paying subscribers.
member
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April 26, 2016, 09:56:05 PM
Dont trust anyone who claims to know the exact date the market will crash.

Except the person who has done it so many times.

Again it is never "the market will crash on this date". It is always an "if this, then that".

All i now is that his 2015.75 prediction got blown out of the water. Zerohedge has been 'predicting' the great crash ever since 2009.
sr. member
Activity: 420
Merit: 262
April 26, 2016, 08:54:34 PM
Dont trust anyone who claims to know the exact date the market will crash.

Except the person who has done it so many times.

Again it is never "the market will crash on this date". It is always an "if this, then that".
member
Activity: 84
Merit: 10
April 26, 2016, 08:53:10 PM
Dont trust anyone who claims to know the exact date the market will crash.
sr. member
Activity: 420
Merit: 262
April 26, 2016, 08:48:40 PM
We have even backtested his numbers and you really do better coinflipping.

You are a liar. Publish your spreadsheet with unambiguous footnotes for every number in the spreadsheet.

Until then, you are just a troll.

Last time dow was taking hit he gave you "13000" support number, he literally had no clue what's going on. November he is telling dow gonna take of in march. In March he tells dow going to take in 2016 etc.

You are reading the same blogs as I am, but you are not comprehending what he is writing. You are looking at it the way you want to read it and not understanding the way his system works.

If you gonna give resistance/support you better give the percentages of hitting too, and i want to see the backtested results for those percentages.

The system doesn't work that way. It is a "if this, then that" matrix. Not a "% chance of this and % chance of that".
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