> This is this guy Martin Armstrong. <
Who knows? Maybe Armstrong has a special insight into financial matters. But he spent 11 years in jail for fraud. That makes me very suspicious of anything he might say.
Kinda like Al Sharpton giving advice on racial healing.
“Maybe Armstrong has a special insight into financial matters.”
His partner in crime testified that flipping a coin would do better than Armstrong!
The phrase “Martin Armstrong flipping a coin” likely refers to a comparison made by others about his investment strategies. It’s a metaphorical expression used to suggest that his predictions or investment decisions are no more reliable than a random coin flip. This is based on his past controversies and the perception that his predictions are often inaccurate.
Here’s a more detailed explanation:
Historical Context:
Martin Armstrong is an economist known for his economic forecasting model and his involvement in a complex legal case involving allegations of a $700 million Ponzi scheme and hiding assets.
The Criticism:
Armstrong’s predictions have been criticized as unreliable and likened to a coin flip. According to the Department of Justice (.gov), Jim Rogers once remarked that “a doofus flipping a . . . coin every day” would have more success than Armstrong’s strategies.
The Coin Flip Analogy:
This analogy suggests that Armstrong’s predictions lack a solid foundation and are no more likely to be correct than a random event like a coin flip.
Armstrong’s Background:
While he has a history in the coin and stamp business and later focused on commodities, his career has been marked by legal troubles and accusations of fraud.
https://www.google.com/search?q=martin+armstrong+flipping+a+coin