London Police have Abandoned the Entire English Bill of Rights


Armstrong Economics Blog/Civil Unrest Posted Oct 4, 2020 by Martin Armstrong

Historically, this is why the police are the first to be killed in a revolution. They support tyranny and when they do, the choose the side against the people. Here they are arresting people in Piccadilly Circus for protesting the arrest of Assange on behalf of the United States. Freedom of speech has been around since Magna Carta. They should realize that this is against human rights as well as the English Bill of Rights from 1689.

Farmers Cannot Cross Borders to Feed Livestock in Australia


Posted Oct 3, 2020 by Martin Armstrong

Astronomical Phenomenon & Socrates


Re-Posted Oct 2, 2020 by Martin Armstrong

QUESTION: Hi Martin,
Thank you so much for sharing the connections Socrates is making between seemingly unrelated ideas. I’m a high school/collegiate science teacher and am wondering if Socrates has identified any correlations between coming astronomical phenomenon (like lunar phases or planetary alignment) to war or the economy. The information you’ve provided on the Sun has been amazing!
BTW, my students and I use the information you blog about as the foundation for the conversations in our Socratic seminars.
Thanks for all you do!
MC

ANSWER: I have never input the planetary information into Socrates. The Moon is capable of picking up the ocean and moving it creating a high and low tide. I would think it can have some influence on people but probably highly differential because we are all perhaps sensitive to various things on an unequal basis. The terms “lunatic” and stories of werewolves are all about people who were sensitive to the moon.

The attempt to correlate the heavens and events on earth as omens of the future date back to the Babylonians. I have been asked this question many times because some of our dates may align with some astronomical phenomena. I would look at it as a separate model. Our Arrays have some 72 different models. They are not a single cycle. There are many. Even take volatility. How do you define it? We have overnight volatility from today’s close to tomorrow’s open. Then there is internal volatility which is the percentage movement between high and low for the day. Then there can be closing volatility measured from yesterday’s close to today and likewise between openings. There are many aspects that the computer is looking at and then it correlates between markets, countries, etc. There are far too many calculations for any individual to do every day.

After my experience with cycles, they go through inversion processes where the same targets remain fixed, but instead of a low, it becomes a high. I would suspect that attempts to use astronomical phenomena will result in the same outcome. The same event will not always produce a high or low. This simply takes place because every market is influenced by everything else around it. It really takes a supercomputer to work out the countless possibilities.

That is why I say my opinion is just personal. Anytime I have thought something would happen which Socrates has disagreed with, I am the one who is wrong. So I have learned. My job is to provide some clarity, but it is not to forecast the future from a personal opinion perspective. Forecasting Civil Unrest was not something that came to me in the middle of the night. It is not even something I personally would have preferred to see.

And BTW, I have been a programmer all my life. I do not see how it is possible for a program to EVER become aware of itself and then dominate humanity. I can mimic human emotion, but I cannot create it for real. And to set the record straight, I have been the ONLY coder on the AI systems behind Socrates. This has been my life’s work. We have a whole team of programmers who manage the delivery systems. But as for the AI, in all honesty, I had the skill to program, I also had the skill to trade, but I also had the clients to show me with a front-row seat how they all look at the world economy from their own perspective. That is why there is no competition for Socrates. It has taken over 50 years to create what you see.

It is also why nobody wants to address Socrates because it changes the entire forecasting game where people advise they are the guy who forecasts some event so see what he is saying next. Personal forecasting is not consistent.

Tax & Deductions


QUESTION: What do you have to say about Trump’s taxes?

GS

ANSWER: Let me explain something. Let’s take one of the richest men in the world — Bill Gates. He achieved that station by co-founding and then leading Microsoft. Most of his wealth came not from his salary, but from the Microsoft stock that he owns, which was equal to about 10% of the company’s outstanding shares. Wealth gained from stock price appreciation is NOT taxable until you sell the shares. By holding most of his shares since the company’s founding, Mr. Gates DELAYED paying any tax on those capital gains. Then by donating the shares to the Bill and Melinda Gates Foundation, that wealth was NEVER taxed!

Why do you think all these people create foundations from the Clintons, Gates, to John McCain. You get to play with the money tax-free while you are espousing economic equality. There should be NO income taxes. It should be a consumption tax (retail sales tax). Donating money to a foundation that you control should be illegal, but its not.

Why Alberta Better Exit Canada & Fast!


COMMENT:  Dear Martin,
I have followed your work for years now I want to thank you for your tireless efforts to provide insightful information, the world needs you and your information more than ever.
I am writing to you because of the concern specific to Alberta, and Canada. If you want an example of a country that is being run by the United Nations look no further than Canada. We have Justin Trudeau that claims he is the First Post Nationalist Leader and that Canada is the First Post-National State.

Basically, he seems to be taking his orders from the un-elected United Nations. Trudeau has given the Finance Minister position to Chrystia Freeland, journalist Reporter turned politician, carrying out the mandate of the World Economic Forum where she is a member of the Board of Trustees along with the United Nations and the WHO.

Every day our media outlets in Canada are getting a constant diet of COVID case tallies, telling us we are all racist and that we are killing the planet with human activities and if you question this narrative you are canceled or shamed. The same ideology outlined the World Economic Forum for Canada under their Strategic Intelligence page.

Any insights you can provide us the direction of Alberta would be greatly appreciated.

MG

ANSWER: Trudeau is about as corrupt as they come. It is curious how the claimed left, who is so concerned about getting the rich back and being fair, is always the most corrupt. It reminds me of that famous line, “The lady doth protest too much, methinks,” from the play Hamlet by William Shakespeare. Trudeau suspended Parliament when it was investigating the ethics controversy where countless millions went to his family of deals. While this is seen as a coverup, there is far more at stake here. Can you imagine if Trump even tried to suspend Congress? The Democrats paint Trump as a tyrant when the real tyrant is north of the border.

Indeed, it was just last year when Trudeau told the New York Times that Canada was becoming a new kind of country, not defined by our history or European national origins, but by a “pan-cultural heritage” and actually said: “There is no core identity, no mainstream in Canada.” Trudeau concluded that Canada is “the first post-national state.” Even the New York Times remarked that Trudeau was being very “radical.”

In truth, people who think the United Nations is not really threatening their future better open their eyes. Greta Thunberg, the Swedish climate activist, was flown into Alberta, Canada, just before the Canadian elections. Who paid for that? Gates, Schwab, World Economic Forum & the United Nations who want to seize control of Canada to cut off oil production. Trudeau is as corrupt as they come. He is selling out Canada to the United Nations and had the audacity to suspend Parliament. That is a dictatorship. His “first post-national state,” means subservient to the United Nations.

The real question is whether Alberta can extricate itself from this madness. I would expect  Trudeau to at least attempt to send in federal troops to suppress and attempt to withdraw. That that is the line that needs to be crossed to save the future of Canada. On July 1, 1867, with the passage of the British North America Act, the Dominion of Canada was officially established as a self-governing entity within the British Empire. A separatist movement may come to a head in 2021 in Canada. The Candian press has laid down all independence, and press conferences held by Trudeau are orchestrated to the point that nobody is allowed to ask any questions without pre-approval. We have a Panic Cycle next year in the C$. There remains the risk of me historic lows against the Greenback.

Boris Johnson & Bill Gates


There are rising concerns that Boris Johnson fought for BREXIT so he could run into the arms of Bill Gates and the UN consortium including Klaus Schwab and the World Economic Forum pushing for this Globalist Agenda with even George Soros. Some are deeply concerned has Boris been bought by Gates? If someone demands an investigation, will Boris suspend Parliament as Trudeau did in Canada?

Capital Flows Will Be the Key


QUESTION: Mr. Armstrong,
If this “Great Reset” movement pushes gold underground, what kind of a future do we really have?

HR

ANSWER: On election night, Trump should win. However, the real question will be the mail-in ballots, and are they legitimate. As I have said, it really does not matter who wins from the perspective of the model warning that we will see a rise in civil unrest. NEITHER side will accept a loss. As I have said before, if the guy you voted for lost, it was no big deal, you went on with your life. Obama may have said all kinds of nonsense against Bush from Quantanamo was illegal to his authorization of tapping into US phones. But at the end of the day, Quantanomo was still there when Obama left and the surveillance only increased under Obama. The DEEP STATE runs the show and the trend never really changed.

If you look to France, they imposed a 10% tax on gold. I have friends there you buy their gold but post it to Belgium. We have to understand that is far beyond simply Republican v Democrat. Those are the old days. These people are really trying to seize control of the world to push their agenda of POPULATION CONTROL and CLIMATE CHANGE.

There is no way they will achieve their goal. This is wildly naive and it requires an academic to come up with this nonsense. There are two things that they have completely gotten wrong and it seems willing. (1) Climate Change and (2) the Business Cycle. Civilization expands with warming periods and contracts during cold periods. To listen to these people who argue that climate change is caused by humans cannot be supported by the data. We certainly do not want to live in pollution. We need clean air and clear water. But pollution does not change the climate. There are far bigger cycles at work.

Insofar as the business cycle is concerned, this is driven also by weather as well as innovation. The idea that we can create an economy that is the perfect utopia where there is never a recession or depression is absolute nonsense. Just look at any market from stocks and bonds to commodities. Everything fluctuates.

These two assertions that they can manipulate the climate and smooth the business cycle to create the perfect world is the dreams of madmen who are not satisfied with the way things actually work in this universe.

The BOTTOM LINE will be capital flows. What we must be concerned about is that there will be capital restraints imposed in different countries. Cutting off international travel is highly dangerous. The USA is no exception. All my staff outside the country cannot visit for everyone’s visa has been canceled. In Europe, Americans will be prohibited from traveling there without preapproval BEFORE you can even buy a ticket starting in 2021 and that was before COVID. We are staring at a deliberate move to reduce air travel as part of this Climate Change agenda without formally stating so.

This is no longer about Republic/Conservative v Democrat/Labour. There is a much bigger agenda taking place which will dictate the direction of the world economy ahead of us.

New Political Party Launched in Britain