But it seems his, supposed, prescient calls from decades past, have not been supported with any recent calls that he can put on his resume. He seems as clueless as the rest.
1) People like predictions. It makes people think they are in control. Think Global warming, cooling, the list is huge.
2) I never focused on his predictions, but I did/do find his analysis good and educational. I have learned to place my own bets, not his.
3) We know our federal govt is headed for “bankruptcy”, that is logical and shown to us by history.
We don’t know the when or exactly how.
We woke up one morning, learned the USSR was gone. It happened that fast. But life went on. Prepare for the rebuild.
Looking about a bit:
The posted link -- while correctly named PMAA -- contains another domain name in the link. Along with it a "Gary."So while the post definitely stands against Martin Armstrong, it also is hawking -- promoting -- someone's book.That is -- http://www.dvdbeaver.com/Gary/gold/martin_armstrong.htm
Starting with that:
Domain: dvdbeaver.com
Registrar: Tucows Domains Inc.
Registered On: 2000-04-26
Registrant Contact State: ON
Country: CAGoing to "http://dvdbeaver.com/" yields "Bad Request (Invalid Hostname)"
This is because the "home" is of course not dvdbeaver, but http://www.pmaccountability.com/
WHois query for maccountability.com
Domain: pmaccountability.com
Registrar: Tucows Domains Inc.
Registered On: 2016-04-04
Registrant contact is privacy protected by Contact Privacy Inc.
Toronto, Ontario, CanadaThe text from that splash page shows that it is selling a book: "Nobody Knows Anything - Investing Basics -- Learn to Ignore the Experst, the Gurus and Other Fools. By Robert Moriarty, 3 May 2016. That is a hot link to Amazon.
The book is for sale on Amazon: Nobody Knows Anything: Investing Basics Learn to Ignore the Experts, the Gurus and other Fools Paperback – May 3, 2016 by Robert Moriarty Hardcover, $25, Paperback, $9.99, Kindle: 99 cents.
About the Author: "Robert Moriarty was born in New York state in 1946. He began training as a military pilot in 1965 and became the youngest Naval Aviator during the Vietnam War in 1966. With two years in Vietnam and some 832 missions in combat, he left the Marine Corps in 1970. He worked in computers for a few years before beginning a 2nd career as a ferry pilot delivering small airplanes all over the world. He made over 240 ocean crossings mostly in single engine airplanes. He and his wife of 25 years were computer consultants and began one of the earliest online computer retail outlets in 1995 before retiring in 2000. He began another career running a financial website in 2001 specializing in resource companies. He continues to travel the world looking for the next great mineral discovery and writes in his spare time."
Self-published: "CreateSpace Independent Publishing Platform; 2nd edition (May 3, 2016)" An Amazon printing service.
Books by Robert Moriarty "Basic Investing in Resource Stocks: The Idiot's Guide" (2019) is noted as "independently published." "The Art of Peace" (2016) is also self-published.
He and his wife also operate other sites, related to gold and investing. One reads: Bob Moriarty was a Marine F-4B pilot at the age of twenty and a veteran of over 820 missions in Viet Nam. Becoming a Captain in the Marines at 22, he was one of the most highly decorated pilots in the war. He went on to ferry General Aviation aircraft all over the world for 15 years with over 240 over the water deliveries. He holds 14 International Aviation records including Lindbergh's record for time between New York to Paris in two different categories. In 1996 he began an online computer business on the internet with his wife Barbara becoming one of the early adopters of the internet. Convinced gold/silver were at a bottom in 2001, Bob and Barbara started one of the first websites devoted to teaching readers what they need to know about investing in resource stocks. Bob and Barb now operate two resource sites, 321Gold.com and 321Energy.com where up to 100,000 people a day visit. Bob travels to dozens of mining projects a year and then writes about them."
No problem bad mouthing some financial guru. I trust none of them. Not Armstrong. Not a 77-year old Moriarty. Not some web site hosted in Canada. Not some fund manager. Nope. Get information and make your own decisions? Great. Trust some "operator?" Probably not the best idea, especially someone ready to sell you their book(s) and services. Because then you are the market to which they are selling. Promoting.
It is selling books and services where these folks make their income. If their brilliance about gold was 101% spot on, they would do well NOT to tell you their secrets.... Not even for 99 cents on Kindle.