Peru Uprising


Armstrong Economics Blog/Civil Unrest Re-Posted Dec 20, 2022 by Martin Armstrong

The rise in inflation is causing riots around the world and people are also fed up with corrupt governments everywhere. As our model has been forecasting, the rise in civil unrest is the precursor to the collapse of governments. This is people chasing the military who was protesting the Peru Government. As in the Russian coup when Yeltsin stood on the tank and told the troops not to shoot their own people, once the troops backed down, the coup collapsed. It all depends on the military and whose side do they defend – the people or the corrupt politicians as they have done in Venezuela. Civil Unrest is what unfolds at times as Revolution.

Russia CAPTURES Marinka, Putin PLANS OFFESNIVE In Belarus w/ HISTORY LEGENDS


The Dive With Jackson Hinkle Published originally on Rumble on December 19, 2022

Current situation in the Ukrainian Russian war.

Socrates v Me


Armstrong Economics Blog/Socrates Re-Posted Dec 19, 2022 by Martin Armstrong

QUESTION: I have been following Socrates for quite a while. It certainly seems to provide the long-term view quite reliably. You said it has taught you. So I take it that is why it is AI because you did not precisely code it to do these things?

WK

ANSWER: I created Socrates to monitor everything. As a hedge fund manager, I could see how everything was connected. Read Herbert Hoover’s Memoirs for 1931 and it accurately described how a panic unfolds is led by a liquidity crisis the same as when Russian bonds collapsed in 1998 creating the fall of Long Term Capital Management.

Any mistakes are mine personally in the interpretation. That is what I mean by it has taught me a lot over the years. A lot of clients just rely on Socrates – not me personally. The arrays are probably one of the important aspects. Once again, it has nothing to do with my opinion. So many clients get familiar with it and apply their own interpretations.

Here is the array we published in July and we were touting the August/September period all year. We can see the violent thrust up and then down – the typical panic but over two months. It depends on the week it generally hits. It called for a Directional Change in October followed by another in November and then December made a new high and then retreated.

Socrates has done a good job. Once again, it is not me personally making these forecasts. As a human, we are all subject to error. Socrates is not perfect. The Global Market Watch is an ongoing project and I am stunned at how many different patterns it is coming up with. This demonstrates that complexity is an understatement. Below are the Global Market Watch reports for the 1932 low on a weekly and monthly level which was the week of July 4th, 1932.  We can see that it is not perfect. When it is saying a “New Pattern Forming” it means this is a new pattern not yet in the database. The number of patterns is approaching 100,000. Nevertheless, it did pick the 1932 low correctly. Not every day into that low. Thus, it is not a trading tool, but something to just alert you to pay attention. Nothing is ever INFALLIBLE.

Panic Cycle & the Deep State


Armstrong Economics Blog/Press Re-Posted Dec 19, 2022 by Martin Armstrong

QUESTION #1: Once more I am asking:
In practical terms, when a Panic Cycle appears, which are the factors that will help us to determine if the movement will be up or down please?
Thank you for answering.
SM

QUESTION #2: Your Panic Cycle is remarkable and your forecast on Ukraine before 2014 warrants putting you on the front page of every newspaper. Do you think the fact that ________ goes out of its way to find people who will say what your model has and never refer to you as being part of the whole disinformation game? I tend to trust them less and less for never crediting your computer even once as part of the whole cancel culture. What is your view on this silence?

ANSWER: A Panic Cycle, more often than not, can be an outside reversal meaning it can penetrate the previous low, turn around, and penetrate the previous high. It can also be a huge move in one direction. They tend to be events that are a surprise typically engulfed in some news. It is hard to come up with the fundamentals well in advance. But the computer was picking up the 2008 crash as far back as 1999. I took this array from our old site off of the Wayback machine.

We published the computer forecast in 2013 that had pinpointed Ukraine as the place where World War III would begin. That was one year before the 2014 revolution. The ONLY people to call for an interview on that forecast was RT from Russia. That says a lot. No one social media site nor even one mainstream news outlet ever bothered to can to ask how could this computer do that.

It should be obvious as we move into a Panic Cycle. If a market is rising, be on guard and turn to the Weekly and Monthly levels to see if there will be a big crash or an abrupt breakout. Trying to explain that 2007-2009 would be a major crash was rather simple as you got closer.  The very day of the high in the ECM was the precise day of the high in the Shiller Real Estate Index.  The Panic Cycle Target of 2010.29 was the precise day that Greece applied for emergency loans from the IMF. It should have been obvious going into that from 2002 that it would have been a crash.

Keep in mind that a Panic Cycle can be an OUTSIDE REVERSAL meaning it can make a new low and high during the same timing interval. Here is Weekly gold. There the Panic Cycle for the week of 04/18/22 was a high as well as a big move in one direction. Note that the top Composite or aggregate was a turning point. This helped to define that it would be a high since the market was rallying into it. Take note that the Directional Change target for the Week of 05/16 produced the low also because it coincided with the target for a turning point on the top line. Note that the next Directional Change was 06/06/22 and that was the highest closing with the next week being an outside reversal to the downside.

Insofar as to why other sites refuse to report the success of Socrates or the mainstream press, a lot of people write in asking if the same site ignores our forecasts and will go out of their way to tout someone else are really part of the undercover proxy war of the government against the free press. I cannot confirm or deny that view, but indeed a lot of people write in question if they are the same thing that is now being exposed with the corruption at Twitter and the government-controlled Wikipedia. Some emails have pointed out that they jump on claiming this breakthrough in cold fusion, but refuse to report on how our computer has projected so many things years ahead of time and could save the world if you got rid of the corrupt politicians and deep state.

As I have explained, the Constitution is a NEGATIVE restraint upon exclusive government. This is how the government has been using social media and mainstream media to cancel people, and ignore others, doing what would be unconstitutional if the Deep State did it directly. So you may be right. If they go out of their way to find someone else, perhaps they too are getting their orders from Washington DC. Guess we need Musk to buy them out too.

The computer had targeted 2014 for the start of the war. This is me outlining that 3 years in advance at the 2011 World Economic Conference. Some people judge various sites and newspapers that constantly ignore reporting on any of these forecasts as really just part of the Deep State no matter what they pretend to be. After what Musk has exposed, you have to question any of them these days.

They Never Teach the Truth


Armstrong Economics Blog/History Re-Posted Dec 19, 2022 by Martin Armstrong

QUESTION: Mr. Armstrong, I recently graduated ________________ with a degree in history. I just wanted to let you know that nowhere was there ever a discussion that FDR deliberately allowed Pearl Harbor to take place to force the Americans into a world war. I verified independently what you said about FDR. To my total shock, you are 100% correct. That leaves me wondering if what is being taught is indeed just propaganda..

Thank you for all you do. You are an amazing source.

CM

ANSWER: Let me explain something. To write the Greatest Bull Market in History back in 1986, I published my sources with newspaper clippings and researched everything because history is indeed written by the victor. When I was in school, I had to read The Great Crash by John Kenneth Galbraith (1908-2006). Nowhere in there did he EVER criticize the government because he was a left-wing socialist in love with Marx as most academics seem to be.

I was in London and would often rummage around the antique bookstores near the British Museum. I found a copy of Herbert Hoover’s memoirs. It changed my life. It was there that I read about the sovereign debt defaults of 1931. Hoover made a serious mistake. Many blamed him for the Great Depression so he did not want to appear to be making money from it. So his deal was that nobody could make money from the book. They published, I believe, only 500 copies. It was extremely rare. I would discuss what he wrote at institutional seminars I used to do exclusively below 1985. That led to an onslaught of calls to the Hoover Foundation asking for the book. I spoke to them and they said – Oh you’re the guy. I said yes. I was trying to get them to republish the work. Today, you can buy republished editions.

I learned the hard way – never trust what they teach in school. All the research I have done has been on my own. That’s why when I wrote the Great Bull Market in History, I tried to create a “feel” for how I did my research reading all the daily newspapers trying to recreate the experience as if you were there back then. Understanding the truth is critical.

Roosevelt was inflicting embargos on the Japanese, freezing their money, and cutting them off from all energy, and when they turned to buy fuel from other nations, Roosevelt threatened to blockade their ships. Is it any wonder why the Japanese attacked Pearl Harbor to eliminate the US fleet after the treats of an embargo?

What we are doing to Russia is the exactly same way Roosevelt treated the Japanese. There will be only one resolution – World War III. I do not believe that those in Washington and Brussels are this stupid. This is DELIBERATE and they are trying to provoke Russia to attack as did the Japanese and they claim we wear the white hats.

Even the official senate investigation into Pearl Harbor became necessary because of “Rumors even circulated that President Franklin Roosevelt, determined to draw the nation into war, baited Japan with an unguarded harbor.” 

Just like the weapons of mass destruction that never existed in Iraq, or Vietnam that never attacked us, or the sinking of the Lusitania because we were secretly sending arms to Britain after swearing we were neutral when it comes to war – the people are NEVER told the truth.

The Tax of ETFs


Armstrong Economics Blog/The Hunt for Taxes Re-Posted Dec 17, 2022 by Martin Armstrong

Interactive Brokers has published a specific list of what is taxable and what is not. If your brokerage house does not understand that ALL ETFs are not taxable, then you really have to find another broke.