Posted on 05/22/2012 4:46:11 PM PDT by Kartographer
In the 1970′s he predicted gold’s meteoric rise and its 1980 top to the day. He published a full page advertisement in USA Today warning of the impending collapse of stock markets in the 1987 Savings & Loan crash – and nailed that one to the day. He saw the collapse of the Japanese real estate market and warned his clients that a depression was coming. In the late 1990′s he contacted Russian officials to advise them of an impending meltdown of their currency due to forces beyond their control – and he was right again.
He lives in New York today, but for the better part of the last decade he was held in federal prison. His charge? Officially, nothing. Unofficially, he was held in contempt of court for nearly ten years for refusing to hand over his cyclical economic models to Goldman Sachs and the US Government. According to the powers that be, Armstrong was manipulating the world economy, and because he refused to share his prescient models, they locked him away without charge or trial – indefinitely.
He may sound like a fictional character out of a Hollywood blockbuster, except Martin Armstrong is the real deal, and he’s been warning of a paradigm shift unlike any we have witnessed in history.
(Excerpt) Read more at shtfplan.com ...
Preppers’ PING!
You either prepare and stand on your own beholden to no one or you become dependent on others to provide your basic needs and become thier‘serf’. Me I don’t want to be beholden to anyone for providing what is needed for me and mine. I certainly don’t want to have to kiss some ‘gubberment’ third class bureaucratic to try and coax some help from them, I don’t want some ‘jack booted’ thug herding me in line and telling me where to stand, sit, eat or sleep. And last but not least I don’t want to be shut up in with a bunch of ‘zombies’ and have to worry about not only trying to get basic necessities but having to fight to keep what I manage to get.
Now anyone thinking that prepping is foolish ask you what’s easier telling your children and loved ones why you prepared or explaining to them why you didn’t?
But if any provide not for his own, and especially for those of his own house, he has denied the faith, and is worse than an unbeliever. 1 Timothy 5:8
But then someone has to stand on the bridge waiting for FEMA to bring them a bottle of water, an MRE and a warm blanket so as to provide the Network Anchors their background ‘Money Shot’. I wonder how that will workout for them?
Face it we’ve kicked the financial can so far down the road that we are running out of road and the can which was once the size of a soda can is now the size of an oil drum (Try kicking that!)
For those who are just starting or are old hands at prepping you may find my Preparedness Manual helpfull. You can download it at:
http://tomeaker.com/kart/Preparedness1j.pdf
NOTE! THIS IS A FREE DOWNLOAD. I DO NOT MAKE ONE CENT OFF MY PREPAREDNESS MANUAL!
For those of you who haven’t started already it’s time to prepare almost past time maybe. You needed to be stocking up on food guns, ammo, basic household supplies like soap, papergoods, cleaning supplies, good sturdy clothes including extra socks, underwear and extra shoes and boots, a extra couple changes of oil and filters for your car, tools, things you buy everyday start buying two and put one up.
As the LDS say “When the emergency is upon us the time for preparedness has past.”
Or as the bible says: A prudent man sees danger and takes refuge, but the simple keep going and suffer for it.
NIV Proverbs 22:3
Lastly this for the doubters and the scoffers.
“There is no greater disaster than to underestimate danger.
Underestimation can be fatal.”
Good times a coming!!
Just remember to stand in the soup line with the rest of the sheep, or inquiring minds might wonder why you didn’t showup and send some of the lads around to check things out.
I actually look forward to the coming period of great change. You can’t put new wine in an old flask or repair an old garment with new cloth. It’s time to get rid of the “old.”
So I checked him out on Wikipedia (yeah, I know it's a left of center site).
Anyway, from Wikipedia:
_____
(snip) In 1999, Japanese fraud investigators determined that Armstrong had been collecting money from Japanese investors, improperly “commingling” these funds with funds from other investors, and using the fresh money to cover losses he had incurred while trading.
(snip)
Armstrong was indicted in 1999, and was ordered by Judge Richard Owen to turn over a number of gold bars, computers, and antiquities that had been bought with the fund's money
(snip)
He pleaded guilty and was sentenced to five more years in prison.
_____
So maybe this guy is a financial genius. But he is also a criminal who specialized in fraud.
The Left (and that includes RINOs) thrive on chaos, so it would make sense if they throw us into chaos near election time. Create a scenario, then offer to be Savior, riding to the rescue. History shows that this is what Leftist dictators, and dictator wannabes, do over and over again. It mostly depends upon what the unseen hands, the puppetmasters, want. The same hands that threatened worldwide collapse (conveniently) at the end of Dubya's run.
If ya think that was a coincidence, meet me at Lake Havasu, I've got a nice old bridge to sell ya.
That said, things don't always work out the way the unseen hands want it. We can hope that there are righteous hands that don't like their crap, and will throw a wrench into their gears.
If you're a praying person, it's a good idea to put that in your prayers.
I would love to see the DJIA crash down to about, say, 3800 (as Harry Dent predicts it will) around late Sept. to late Oct. It would be a dream come true for me.
I don’t trust what Martin Armstrong has to say (see my post 7 above), but Harry Dent has my respect.
Do you have a link that discusses Dent’s Dow 3800 prediction? Thanks.
If the supreme court kills obamacare in june—a major cause of government deficits and private sector capital hoarding will be removed.
Shorting? But I doubt it. The Fed is probably going to pump in money directly into the market to save the market.
I think he is wrong about any US market volatility, for the simple reason that the US markets have been successfully manipulated to maintain artificial stability for some years now. No reason for that to stop now.
What we think of as “the markets” are just limited indicators of select groups of stocks. But these market indicators are so powerful, they push the entire markets around.
So imagine if you have a few billion dollars, which, importantly, you could use to buy or sell these indicator stocks, *invisibly* to the market. That is, nobody could track *your* buys or sells.
You could make the market do anything you wanted. If the market wanted to sell, you buy enough to neutralize it, and visa versa.
Once the investors realize that there is very little volatility in the market, unless they are buying share for the dividends, for the long haul, they have no reason to buy or sell what they own.
So, what happens is what has been happening for a while now: market volume is tiny. Nobody is buying and nobody is selling, compared to when the market was operating without wholesale manipulation.
But this also means there will be no market crash. And if there is no market crash, how will the public know that the economy has gone stinker? They can see inflation in the stores, but that is about it.
Watch the video at the linked site. They basically were saying he would never get out of prison unless he confessed. Interesting info on the video regarding Germany. He makes sense. Too much sense.
in 2008 the big crack up in the fall was preceded by some small crack ups in the spring.
so far this year we’ve had corzine’s company lose 1 billion and jpmorgan lose 3 billion.
if the pattern holds true to form there will be some bigger wall st losses in the fall.
in 2008 the big crack up in the fall was preceded by some small crack ups in the spring.
so far this year we’ve had corzine’s company lose 1 billion and jpmorgan lose 3 billion.
if the pattern holds true to form there will be some bigger wall st losses in the fall.
VERY interesting comments at the end of the article at the link.
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