57 replies to this topic

[Russ]

2032 is likely the bottom. We're probably in 10-year down economic, stock market cycle now.

What are you basing that view on?

[linrom1]

 

2032 is likely the bottom. We're probably in 10-year down economic, stock market cycle now.

What are you basing that view on?

I am finding it hard to believe that capital is going to flow into US, which is the basis of Armstrong's thinking. Also on SPX there is an Elliott wave count that supports 10-year bear cycle Wave IV, with Dec 2019 ending as Wave III.

 

Our legal and system of governance is being ripped apart. There is push to add four Senators from Liberal territories of DC and Puerto Rico just so one party can dominate politics and stacking the Supreme Court with up to 18 Liberal Justices. This is not the sort of country you want to entrust your capital. It's a banana republic.

 

[Russ]

 

 

2032 is likely the bottom. We're probably in 10-year down economic, stock market cycle now.

What are you basing that view on?

I am finding it hard to believe that capital is going to flow into US, which is the basis of Armstrong's thinking. Also on SPX there is an Elliott wave count that supports 10-year bear cycle Wave IV, with Dec 2019 ending as Wave III.

 

Our legal and system of governance is being ripped apart. There is push to add four Senators from Liberal territories of DC and Puerto Rico just so one party can dominate politics and stacking the Supreme Court with up to 18 Liberal Justices. This is not the sort of country you want to entrust your capital. It's a banana republic.

 

 

I guess his thinking is that Europe is in even worse shape, he has said he does not like Elliot wave because there are too many ways of interpreting it, while not an expert though I have certainly seen it work at least when the wave structure has a basic pattern. You are certainly right that the left is resorting to dirty tricks to keep power. Governments world-wide are hunting for money now as Marty has said and they can never get enough.

[cycletimer]

 

What I don't understand here is timing.

 

He's long  or short the market for the coming months?

 

I don't subscribe to his services, so to find out that you need to do that, I think he is expecting an important turn in July though which he said in an internet interview. There is a guy on this board that subscribes to his work, I think he runs the best market trades site. 

 

Russ,

I subscribe to his basic service ($15/mo which is dirt cheap!) and it doesn’t provide any trades at all.  It’s simply access to his private blog posts about economics, world events (#BLM B.S. for instance) and politics, COVID conspiracies, etc.  You’re correct in highlighting the accuracies of his previous forecasts.  Those forecasts are usually sent out via twitter or in interviews, not in the blog.  About the only thing I ever got from the blog from a trading perspective is that July is a cycle turn.  I found that to be true in my own cycle work.  We are in the middle of a cycle turn now.  July 8th was a turn, followed by July 14/15th, followed later in the time frame between August 14-24th.  That’s a big turn window and too difficult to fine tune because of the conventions.  Armstrong also has late August on his radar, going out as far as August 27th.  

Regardless, Armstrong is most impressive and I read each and every blog post with earnest.  I agree with 90% of what he writes in terms of big picture politics, socialism vs. capitalism, etc.  

[cycletimer]

 

Nobody's perfect, but he sells his services claiming they're "never wrong." That's fraud, and it's easily demonstrated.

Where has he stated they are never wrong?  That is a ridiculous statement, he obviously knows not all his predictions have been  totally correct. In about 2012 he said Gold was going down to 1100 or 1200 ( I don't remember exactly but it was down there in that area) , it then went as low as 1050 and after that he said it was going to break below 1000 which it obviously did not, it in the public record and he knows that.  I attended his World outlook conference in 1997 and he predicted oil would go down to 10 dollars and then go up to minimum 65 a barrel and when that started to happen he increased the number to about 100 dollars. Overall that was a very good forecast which the general public did not have access to if they did not pay for it.  Below is the forecast slide from Armstrong's early 1998 World Outlook Conference which was pretty amazing. For the record, 2015.75 date in Armstrong's forecast was for the start of the 'big bang' debt crisis and that the Euro would start to decline between 2011 and 2015 which is now ongoing and my own work is showing the Euro will form a big low in late 2022. https://www.armstron...egorized/20305/

 

Russ, 

Some of these folks are overthinking this post of yours  and are extremely judgemental (CLK & hhh).  You post something like MA which is valuable and can be learned from and characters on this board just can’t help themselves, they have to poke holes in it.  Piss on them.  I appreciate the post and I am. A big fan of Armstrong.  By them again, I’m also a fan of our POTUS, so what do I know?  

[cycletimer]

 

 

2032 is likely the bottom. We're probably in 10-year down economic, stock market cycle now.

What are you basing that view on?

I am finding it hard to believe that capital is going to flow into US, which is the basis of Armstrong's thinking. Also on SPX there is an Elliott wave count that supports 10-year bear cycle Wave IV, with Dec 2019 ending as Wave III.

 

Our legal and system of governance is being ripped apart. There is push to add four Senators from Liberal territories of DC and Puerto Rico just so one party can dominate politics and stacking the Supreme Court with up to 18 Liberal Justices. This is not the sort of country you want to entrust your capital. It's a banana republic.

 

 

Now that is true, the way things are shaping up, I plan to retire very soon at an early age and force myself (through manipulating my investments) to live on dividend income of under $70k/year to escape the Liberal taxation to come.  It’s either this or simply leave the country and become expat, though that has its own complications, I can’t travel internationally with firearms....

[hhh]

 

Nobody's perfect, but he sells his services claiming they're "never wrong." That's fraud, and it's easily demonstrated.

Where has he stated they are never wrong?  That is a ridiculous statement, he obviously knows not all his predictions have been  totally correct. In about 2012 he said Gold was going down to 1100 or 1200 ( I don't remember exactly but it was down there in that area) , it then went as low as 1050 and after that he said it was going to break below 1000 which it obviously did not, it in the public record and he knows that.  I attended his World outlook conference in 1997 and he predicted oil would go down to 10 dollars and then go up to minimum 65 a barrel and when that started to happen he increased the number to about 100 dollars. Overall that was a very good forecast which the general public did not have access to if they did not pay for it.  Below is the forecast slide from Armstrong's early 1998 World Outlook Conference which was pretty amazing. For the record, 2015.75 date in Armstrong's forecast was for the start of the 'big bang' debt crisis and that the Euro would start to decline between 2011 and 2015 which is now ongoing and my own work is showing the Euro will form a big low in late 2022. https://www.armstron...egorized/20305/

 

Exhibit A:

 

https://www.armstron...fected-by-bias/

 

"The computer has never been wrong..."

[hhh]

Exhibit B:

 

https://www.armstron...w-paris-france/

 

Q: "Did you at times make forecasts that have been totally wrong?"

 

A: "No, not really..."

[hhh]

Exhibit C:

 

https://www.armstron...than-you-think/

 

"The fact that we can forecast any event to the day PROVES that markets are by no means RANDOM..."

[Russ]

All that does not lessen what Armstrong accomplished in my view and he is one of the top analysts out there which is also the opinion of Dharma on the gold board.