You obviously don’t follow Martin Armstrong nor did you read the “update” and “correction” at the end of the article you linked to. Martin’s computer is very, very accurate, so much so the government framed him and locked him up in an attempt to steal his programming code.
You obviously don’t follow Martin Armstrong nor did you read the “update” and “correction” at the end of the article you linked to. Martin’s computer is very, very accurate, so much so the government framed him and locked him up in an attempt to steal his programming code.
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Not sure when the update was done...but I do follow “economic collapse” news and saw that “Armstrong is not predicting that the crisis will be felt on October 1, 2015. Rather, he’s forecasting that October 1st is a major turning point, but that the governmental financial crisis may not be felt until some months later.” Specifically, Armstrong predicts that a major cycle will turn on October 1, 2015, shifting investors’ trust from the public sector and governments to the private sector. thereby predicting
that huge sums of capital will flow from bonds and the Euro into American stocks resulting in a huge bull market in U.S. stocks.
YOu say he is accurate, and he has made several claims about accurately predicting crashes in 1987, 1998, 1999. However, I think he was wrong on this call...No huge bull market...no crash either...So do we take his word based on things that happened in the 80s/90s or do we look to last year?
So he was framed—you must have some inside track...This is wikipedia:
In 1999, Japanese fraud investigators determined that Armstrong had been collecting money from Japanese investors, improperly “commingling” these funds with funds from other investors, and using the fresh money to cover losses he had incurred while trading.[8] Assisting Armstrong in his scheme was the Republic New York Bank, which produced false account statements to reassure Armstrong’s investors. In 2001, the bank agreed to pay US$606 million as restitution for its part in the scandal.[9]
Armstrong was indicted in 1999, and was ordered by judge Richard Owen to turn over a number of gold bars, computers, and antiquities that had been bought with the fund’s money; the list included bronze helmets and a bust of Julius Caesar.[10] Armstrong produced some of the items, but claimed the others were not in his possession; this led to several contempt of court charges.[11] Armstrong was jailed for seven years for contempt of court, until judge Owen was removed from the case and Armstrong reached a plea agreement with federal prosecutors.[12] Armstrong pleaded guilty to conspiracy and was sentenced to five years in prison.[13] He was released from Federal custody on September 2, 2011.[14]