Martin Armstrong Article

[Serpo]

GOLD



http://www.martinarmstrong.org/files/Gold%2009-15-2011.pdf

[Glass]

The postings of Armstrong over the last 18 months at least are so out of character to his earlier posts I'm not sure what to make of it.

I'm not sure I agree with him. He seems to justify gambling because that's the way it's always been done while disregarding peoples right to know with certainty, the facts regarding their money system and how it affects their wealth. So for me it's the opposite of what his position was back a couple of years ago. It's a conundrum. Oh and Gold has peaked.

Here's the problem. Physical gold is NOT an investment. Don't keep comparing it to investments when it is not one. Gold futures are an investment in that they facilitate speculation. It is different to gold. It is not gold. Do not compare it to gold. Gold does not pay interest. People holding gold are not looking for a dividend. They may accept a capital gain their on gold but not a capital loss which is why they hold gold. If they want to "leverage" then let them but it won't be with gold. Thats for sure.

[JohnQPublic]

I think what he says here is more or less correct:

"There have been schemes to manipulate markets. This was common in ALL commodities especially the agricultural markets during the 1970s. Nevertheless, this is not why gold has not rallied just yet beyond the $2,000 level. It is just a matter of time and the real catalyst will be the sovereign debt crisis. They manipulate silver more so than gold because it is easy. We really do not need all these scenarios to justify gold. It is the natural hedge against geopolitical and economic instability. In that regard, gold is coming of age."

[Neuro]

His computerprogram seems a bit bearish...

[Large Sarge]

not sure what to make of armstrong anymore, I did not really follow him when he was "At his prime"

so hard to compare then and now.

Sinclair thinks a lot of the guy, that says something...

he seems to deny most conspiracies "poo poos" them (he has insinuated 9/11 was no conspiracy from what I remember, states the gold manipulation is no conspiracy, etc)

he has had very little good to say about silver over the years.

[LastResort]

I always like reading his stuff for some different insight, but I get this feeling like hes a true bankster at heart...

[mamboni]

The computer-written portion is unreadable and useless. This style of forecasting, i.e. if gold settles here then this will happen; but if it settles below this price then that will happen" reminds me of that one liner: "If my Aunt had balls she'd be my Uncle." Maybe Armstrong sold his brand to some government stooges and they're writing this dribble. That said, I think using computer models to predict the future of markets based on past events is akin to estimating your car's velocity based on rpm, while your car is flying off the edge of a cliff. This time is different. Computer models need continuity of events to have any chance of guessing correctly. We are entering a major discontinuity, the end of the fiat money system of the last 90 years. No one knows exactly how it will play out, and who will be holding what after the dust settles. The only thing certain is the uncertainty. So, what are you going to put your trust in? A computer model built on past patterns? Or a yellow metal that has been money for 5,000 years and has seen and survived every man made economic crisis since the time of the Pharoahs?

[JJ.G0ldD0t]

...That said, I think using computer models to predict the future of markets based on past events is akin to estimating your car's velocity based on rpm, while your car is flying off the edge of a cliff. This time is different. Computer models need continuity of events to have any chance of guessing correctly. We are entering a major discontinuity, the end of the fiat money system of the last 90 years. No one knows exactly how it will play out, and who will be holding what after the dust settles. The only thing certain is the uncertainty. So, what are you going to put your trust in? A computer model built on past patterns? Or a yellow metal that has been money for 5,000 years and has seen and survived every man made economic crisis since the time of the Pharoahs?

Home run

*claps*