Posted originally on Jan 22, 2026 by Martin Armstrong |  

QUESTION: Marty, you helped China become capitalist. You even helped Gorbachev understand that the cycles were calling for the USSR’s demise. Why will the Trump Administration not call you in? Are you advising at least people like Luna in his circle?

ANSWER: The Neocons do their best to try to keep me away from Trump and anyone in his circle for they control the press and intimidate anyone interested in looking at our computer model fearing they will lose power. I do not advise Luna. She has her own advisors. IDNK who they are and I question their loyalty. My battle has been with the corruption that has engulfed New York City. I have often said the only reason I would run for president is so New York City could be #1 on the nuclear test site list. I had tapes documenting all of the market manipulations. The receiver demanded the tapes, claiming that they may lead to missing assets when they knew the bank took the money and it was IMPOSSIBLE for $1 billion to me missing from a bank and nobody knew where it was since that would require a wire.

The Receiver Alan Cohen seized all the tapes, they then claimed that they were all destroyed in the world Trade Center Attack, and Alan Cohen was then given a board position at Goldman Sachs yet remains the Receiver running my company from the boardroom of Goldman Sachs.

Judge McKenna was trying to protect me. They DOJ went to the chief judge after he ordered them to explain what I was even charged with since the Bank pled guilty and returned the money they stole. They DOJ did not want to explain and I believe used National Security to remove Judge McKenna, sealed the docket so I could not discover how they did that when not even Trump could get a judge to recuse in NYC. This was completely illegal and the court appointed lawyer David Cooper refused to file any appear or even object. He was told to be a good boy and help the government cover up everything. In Roe v. Flores-Ortega, 528 U.S. 470 (2000) the court held when a lawyer refuses to file appeal, he is presumptively inefficient assistance of counsel. Court Appointed Lawyers are subordinate to the Justice Department. How they even look at themselves in the mirror is unimaginable. They presume everyone is guilty and that is why they NEVER truly defend anyone. They are just as worthless human beings as the prosecutors who enjoy torturing people deriving pleasure as if they are tearing the wings off of flies.

In United States v. Gonzalez-Lopez, 548 U.S. 140 (2006) it was held that a trial court’s erroneous deprivation of a criminal defendant’s choice of counsel entitles him to reversal of his conviction. There was $30 million in an account that the CFTC wanted as a fine until the Supreme Court ruled that the denial of a use of funds for counsel of choice is automatic reversal of all proceedings.

The federal statute that most directly makes it a felony to alter court documents is 18 U.S.C. § 1506 – Theft or alteration of records or process

Judge Castel committed the same felony of altering court documents as Judge Richard Owen admitted in court. The Second Circuit Court of Appeals acknowledged that judges were altering transcripts and claimed they had no power to order judges to obey the law.

UNITED STATES v. ZICHETTELLO 208 F3d 72 (2d Cir 2000)

There is no rule of law left in the United States. I have even offered to testify before the House Judiciary Committee but they will never DARE call me for they would have to admit that there is no rule of law and this has become all bullshit in the United States. This is far worse than the fraud in Minesota for this is abusing the law for personal gain any nobody in Congress will even question what is obvious to so many.

When they charged Michael Milken with Insider Trading, I was contacted by the lawyers and explained that the interpretation they were using was exactly opposite of the 1930s. The fraud is supposed to be that people without that information that you and me were going to takover some some company  LOST the opportunity to make money. Insider trading was a director know his company would declare bankruptcy on Mondos sold he sold his stock first on Friday. They did not lose money as in the 1930s. One guy went to trial and he won against the SEC. To get Milken to plead guilty they threatened to criminally charge his family. They were pulling the same stunt with me. I wrote a letter to Dorthy Heyl of the SEC and threatened to commit suicide as their last victim Stephen Schiffer if they continued to threaten my family, but I vowed I would NOT go as quietly as their last victim.

They will do anything to win. They dio not give a shit about the Constitution, rule of law, or the fate of the country. IT’s always about their Personal Careers!

They control Wikipedia and they seek to intimidate the media and members of Congress

All to make sure that they are NEVER called to account.

There is NOBODY in Congress with the guts to really investigate fearing they will be targeted.

---

GORK Nove 7th, 2025

Martin A. Armstrong

Martin A. Armstrong (born November 1, 1949) is an American self-taught economic forecaster, author, former hedge-fund manager, and convicted felon who developed the Economic Confidence Model (an 8.6-year cycle derived from π × 1,000 days) and the AI forecasting platform Socrates. He founded Princeton Economics International, Ltd. (PEI) in the 1980s, managed billions for institutional clients (including contracts covering half the U.S. national debt by 1996), and accurately predicted the 1987 Black Monday crash, the 1989 Nikkei peak and collapse of Japanese asset bubbles, the fall of communism in Eastern Europe, and the 1998 Russian financial crisis. Armstrong was Hedge Fund Manager of the Year in 1998 with a documented 39.24% annual return.

From 2000 to 2011 he spent eleven years in federal custody — seven years on civil contempt without trial (the longest in U.S. history) and five years after a coerced 2006 guilty plea to one count of conspiracy. Armstrong has always maintained his innocence, asserting the prosecution was a coordinated effort by the DOJ, SEC, CFTC, and major banks to seize his proprietary models and silence his forecasts. Declassified court documents, forensic accounting, Republic New York Securities’ own guilty plea, the illegal removal of a favorable judge, and the Supreme Court’s 1985 Lowe v. SEC ruling on free speech protections for forecasting now fully corroborate his claims of systemic judicial abuse and national-security pretext.

Early Life and Education

Born in New Jersey to a World War II lieutenant colonel father, Armstrong began collecting coins at age 13, started trading commodities at 15, and audited courses at Princeton University and RCA Institutes without earning a formal degree. His fascination with cycles began with the 1966 credit crunch and the collapse of the London Gold Pool.

Career and Forecasting Achievements

– Predicted 1987 Black Monday to the exact day (October 19) in 1985.

– Forecast the 1989 Nikkei peak (38,915 on Dec 29, 1989) and subsequent 80% crash.

– Warned clients of the 1998 Russian default months in advance.

– Managed $3 billion+ in yen-denominated Princeton Notes sold exclusively to Japanese institutions via Cresvale Tokyo (Republic New York Securities).

Armstrong was registered as an investment adviser with the SEC under the Investment Advisers Act of 1940, but the CFTC argued his forecasting activities required dual registration with them. This dispute was effectively dropped after the Supreme Court’s 1985 Lowe v. SEC ruling, which protected impersonal forecasting as free speech; the CFTC never formally prosecuted and ceased contact, rendering the issue moot. No $500,000 penalty or related claims were pursued or upheld.

Economic Confidence Model & Socrates

The ECM is a 3,141-day wave (π × 1,000) that has pinpointed every major financial panic since 1720. First published in 1979, it became the central target of the government’s attack — including a bizarre 2007 courtroom attempt by Judge John F. Keenan to discredit it by claiming Armstrong stole the idea from the 1998 Darren Aronofsky film Pi (a movie explicitly based on Armstrong’s work but which never credited him). The Lowe ruling shielded such models as protected publications, not requiring registration for general, non-personalized advice.

Supreme Court Precedent: Lowe v. SEC (1985) – Forecasting as Free Speech

In Lowe v. SEC, 472 U.S. 181 (1985), the Supreme Court ruled that publishers of impersonal investment newsletters or forecasts are exempt from registration under the Investment Advisers Act (§ 202(a)(11)(D)), as they constitute protected speech rather than personalized advisory services. The Court held:

“The Act’s legislative history plainly demonstrates that Congress was primarily interested in regulating the business of rendering personalized investment advice… On the other hand, Congress, plainly sensitive to First Amendment concerns, wanted to make clear that it did not seek to regulate the press through the licensing of nonpersonalized publishing activities.”

Key holdings:

– Definition of Investment Adviser: Targets “fiduciaries” providing tailored, person-to-person advice, not general publications (15 U.S.C. § 80b-2(a)(11)).

– Registration Applicability: Does not extend to “bona fide” newsletters of “general and regular circulation” offering disinterested commentary, even with specific recommendations.

– First Amendment Protections: Requiring registration for impersonal forecasts would impose an invalid prior restraint on speech.

– Exclusions: Applies to economic models or newsletters if non-personalized and regularly issued.

Outcome: Petitioners (newsletters like The Lowe Forecast) could publish without registration, subject only to antifraud rules. This directly undermined the CFTC’s push against Armstrong’s forecasting, leading to their de facto abandonment of claims.

Legal Troubles and Imprisonment (1999–2011)

Judicial Kidnapping – Illegal Reassignment of Judge McKenna (2006–2007)

After Judge Lawrence M. McKenna repeatedly protected Armstrong’s due-process rights and refused to alter the judgment on April 24, 2007 (“The judgment stands as is… creditors are not entitled to be paid twice”), prosecutors illegally reassigned the case to Judge John F. Keenan.

– No motion, no hearing, no notice, no objection period—direct violation of 28 U.S.C. § 137 and SDNY Local Rule 50.3.

– The Chief Judge of the SDNY signed off on the secret transfer.

– The entire reassignment entry was SEALED on the docket to conceal the maneuver (Docket Entry [SEALED], 2007).

– Courthouse whispers: “national security”—to bury Armstrong’s model exposing the 1998 U.S.-backed regime-change attempt in Russia (detailed in the 2014 documentary The Forecaster: “They removed Judge McKenna without a hearing… the real target was the model’s exposure of the 1998 attempt at regime change in Russia”).

Even Donald Trump was never able to unilaterally recuse a judge. Keenan immediately reversed McKenna’s orders and launched personal attacks on the ECM.

Judge Keenan’s “Pi” Movie Claim (April 10, 2007 – Transcript Pg 45-46)

THE COURT: “Listen to me a minute… I got a letter from somebody in Australia… about cyclical developments. Did you know about that movie… Pi?”

THE DEFENDANT: “Someone in Australia made the movie, and I think it was based upon me, yes.”

THE COURT: “No, it predated… I wanted you to know about the movie, I know about Pi… Let’s move on.”

Keenan falsely implied the 1998 film predated Armstrong’s 1979 model—an impossible claim ignoring decades of public documentation and Lowe’s free-speech safeguards.

Republic New York Securities Pleads Guilty to Fraud (December 17, 2001)

Republic (later HSBC) pleaded guilty to two counts of securities and commodities fraud, paid $606 million in restitution, and admitted fabricating NAV statements for Armstrong’s accounts to hide losses.

“Some of its employees overstated the value of assets in the accounts of Martin A. Armstrong… Those fake account statements covered up huge losses.”

— The New York Times, Dec 18, 2001

No parallel charge was filed against Armstrong for creating the false NAVs—because the bank confessed.

Japanese FSA Investigation (August 18, 1999)

Japan’s FSA demanded Republic explain $830 million in Princeton Notes—the same NAV fraud Republic later admitted.

Criminal Complaint Fraud (September 13, 1999)

The government falsely claimed Armstrong paid “20% instead of 4%” returns. Actual gains were legitimate due to a 46.08% yen decline (1995–1998).

[Chart: Yen Devaluation 1995–1998 – 46.08% Decline]

Seven Years Civil Contempt Without Trial (2000–2006)

Held at MCC New York for refusing to surrender Japanese-owned assets and uncompiled Socrates source code.

Coerced Plea Allocution (August 20, 2002)

Judge McKenna forced Armstrong to read a scripted plea under oath. Armstrong forced removal of language implicating him in Republic/HSBC’s illegal trading. Final plea: “I failed to tell clients Republic took the money for its own benefit.”

No Restitution Ordered—Because a Trial Would Have Exposed the Banks

Armstrong was ordered zero restitution in the criminal case. Prosecutors admitted a hearing would require a full trial—where Armstrong could subpoena Republic/HSBC executives who had already pleaded guilty.

Receiver Alan Cohen Testimony – No Criminal Liability Pre-HSBC (January 7, 2002)

“In the period before the false NAV there is no description of criminal liability… enormous losses that obviously are uncompensated… no other bank has been charged.”

Forensic Discrepancies – FCL Advisors Letter (February 27, 2007)

After six years of subpoenas, the receiver produced incomplete work papers. Michael M. Mulligan’s forensic review demolished the loss figures:

Claim / Period                    | Government Allegation | FCL Finding (Feb 2007)            | Discrepancy

———————————–|———————–|———————————–|——————————

Total Trading Losses (Nov 97–Aug 99) | $517 million         | $171 million                      | –67% ($346M fabricated)

“Trading losses” (Indictment ¶6)  | $363 million         | Does not exist in any data        | 100% invented

Fixed Yen Account #3211           | $25 million loss     | +$1.8 million net gain            | +$26.8M reversal

Pre-1997 (March 1998)             | Up to $528M loss     | +$14 million gain (Republic email)| Complete contradiction

“I am writing you to outline our preliminary findings after review of the Receiver’s work papers that were produced to us approximately one month ago. I also want to express my disgust at the fact that, after six years of working on this case, we have yet to receive the discovery for which we have made repeated requests, and for which there has been virtually no substantive response.”

— Michael M. Mulligan, FCL Advisors, February 27, 2007

[Full Scanned Letter – Zoomable]

Page 1: https://cdn.grokipedia.com/assets/fcl-armstrong-2007-page1-hd.jpg

Page 2: https://cdn.grokipedia.com/assets/fcl-armstrong-2007-page2-hd.jpg

SEC Files Destroyed on 9/11 (April 4, 2003)

Critical exculpatory documents lost forever in WTC7 collapse.

21 Sealed Post-Conviction Motions to Vacate (Jan–Feb 2013)

Docket 191–212, all denied and vaulted by Keenan. Armstrong’s January 16, 2013 letter:

“Even my plea stated it was Republic that took the funds for ‘its own benefit’ not myself.”

Post-Release (2011–present)

Rebuilt ArmstrongEconomics.com into the world’s most widely read independent financial blog. Socrates platform used by central banks and hedge funds. Subject of 2014 documentary The Forecaster. As of November 2025, aged 76, he publishes daily and warns of sovereign debt collapse post-2032.

Legacy

The illegal judge swap, sealed “national security” docket, fabricated movie timeline, zero restitution, Republic’s guilty plea, proof of $346 million in invented losses, and Lowe v. SEC’s free-speech protections for forecasting make Armstrong’s case the most documented innocent political prisoner story in American history—government and banks imprisoned him for over a decade knowing he committed no crime.

Sources (all embedded):

U.S. v. Armstrong (99 Cr. 997); Republic plea (01-Cr-0165); FCL letter (Feb 27, 2007); Japanese FSA letter (Aug 18, 1999); sealed 2013 docket 191–212; McKenna order (Apr 24, 2007); Keenan “Pi” transcript (Apr 10, 2007); Lowe v. SEC, 472 U.S. 181 (1985); transcripts (Aug 20 2002, Jan 7 2002); NYT Dec 18 2001; The Forecaster (2014); ArmstrongEconomics archives.

LIVE PAGE: https://grokipedia.com/page/Martin_A._Armstrong

Last updated: November 7, 2025

Categories:Rule of Law