Topic: Martin Armstrong Discussion - page 281. (Read 647196 times)

Have you guys done this before?

Gold report is out.

We should organize a group buy or something. Anyone here is interested ?

I don't think he definitely stated that the Euro will crack next week. I think it is a turning point that we might see some sea change in bond spreads or debt crisis or something, that might precipitate the actual move of the Euro. Or the Euro might make its move now.

The target for the collapse was 2016.202. This comes into play March 13/14, 2016.

Martin Armstrong is still emphasizing a dead-cat bounce of gold to perhaps $1309+, then a crash to a final low < $1000 and mostly likely < $850:

MA is forecasting a collapse for the Euro next week. To me it looks like a strong USD could push Gold off the cliff in the coming weeks, IF the Euro collapses. Just as in Oct. 2015 where both the Euro and Gold plunged.
What do you think?

Martin Armstrong is still emphasizing a dead-cat bounce of gold to perhaps $1309+, then a crash to a final low < $1000 and mostly likely < $850:

We are targeting the reaction high and the final low.

I believe Martin Armstrong has the correct model of what will transpire over the next few years.

His model is basically that the entire world is short the dollar ($10 trillion in international corporate bonds denominated in US dollars, various currencies pegged to the dollar, e.g. the Hong Kong dollar and Chinese Yuan, which enabled China to undercut the world's manufacturing and become a highly imbalanced economy with 65% share being for factories and only a miniscule consumer share, which leaves China with overcapacity and negative profit margins, etc)..

So basically what will happen now is the entire world will go into collapse mode as the US dollar goes higher and the world's wealthy flee into the US stock market as the final safe haven. This will cause the US dollar and US stock market to sky rocket until about 2017.9, after which the US will collapse due to a strong dollar overheating the US consumer economy and collapsing exports. From 2018 to 2020, will be "an over the cliff" collapse for the entire world, since the US economy was the last one still standing up in 2017. Asia will bottom in 2020, because fundamentally Asia has the youth and the growth potential without the retirees that will fight for Socialism. Asia's debt can be cleared out by debt defaults, but the West's debt is cultural and can't be cleared out, because the boomers will fight politically for their retirements and demand the government tax everyone to pay their retirements.

So March 13/14 is the turning point that should see crisis accelerate outside the USA. Just this past week China announced laying off 1.9 million steel workers. The exodus of capital from China going to the USA for safe haven has radically accelerated, some even saying China's reserves will be threatened as this accelerates.

Well, that's the question we've all be asking since 2009 essentially. I'll definitely consider what you're saying and I appreciate your comments. It's hard for me to imagine BTC going to zero. The only way it doesn't make sense for me to keep holding it through the upcoming economic turbulence is in that event that it does fail. What are the odds?

What if there is no long-term:

...

That's a nice chart, btcbug.

I found another (not as nice, but illustrates more or less the same).  This one compares the Bitcoin ETF vs. the GLD (the ETF for gold, "paper gold").  While this is not a perfect pair to compare, it is "good enough".  This compares the recent ratios of BTC vs. gold (scale change of course as it is the GBTC vs. the GLD, neither of which are exactly the asset they each track).  Still, FWIW

It shows only the most recent five months or so (probably because GBTC is so new), but if gold and Bitcoin were perfectly correlated you would see NO CHANGE (or very little let's say) in the ratio.  Instead it has varied between o.25 or so and 0.65.  And that is just in 5 - 6 months.

I believe Martin Armstrong has the correct model of what will transpire over the next few years.

His model is basically that the entire world is short the dollar ($10 trillion in international corporate bonds denominated in US dollars, various currencies pegged to the dollar, e.g. the Hong Kong dollar and Chinese Yuan, which enabled China to undercut the world's manufacturing and become a highly imbalanced economy with 65% share being for factories and only a miniscule consumer share, which leaves China with overcapacity and negative profit margins, etc)..

So basically what will happen now is the entire world will go into collapse mode as the US dollar goes higher and the world's wealthy flee into the US stock market as the final safe haven. This will cause the US dollar and US stock market to sky rocket until about 2017.9, after which the US will collapse due to a strong dollar overheating the US consumer economy and collapsing exports. From 2018 to 2020, will be "an over the cliff" collapse for the entire world, since the US economy was the last one still standing up in 2017. Asia will bottom in 2020, because fundamentally Asia has the youth and the growth potential without the retirees that will fight for Socialism. Asia's debt can be cleared out by debt defaults, but the West's debt is cultural and can't be cleared out, because the boomers will fight politically for their retirements and demand the government tax everyone to pay their retirements.

So March 13/14 is the turning point that should see crisis accelerate outside the USA. Just this past week China announced laying off 1.9 million steel workers. The exodus of capital from China going to the USA for safe haven has radically accelerated, some even saying China's reserves will be threatened as this accelerates.

Incorrect. They are highly correlated (if a smoothing filter is employed) since 2013. Gold had a rise recently and so did Bitcoin.