QUESTION: If the metals are not trading at a fair value relative to everything else, then does that not prove they are manipulated? SN ANSWER: Your problem is the assumption that everything must be trading at some fair value. That is up there with the theory of random walks. ALL markets trade for periods […]
QUESTION: Thank you for the interesting update on Crude & Natural Gas previously. Since Feb was a Directional Change and March is a turning point, then the cycle inversion for a March high rather than a low looks still choppy with no breakout. Since electric car demand has peaked, the Fed seems determined to get […]
COMMENT: Hi Martin, Your blog, “Model & the 1991 Collapse of the USSR” for me was a major thought process change. I believed in the Random Walk down Wallstreet, not any more. The chaos model example of the Dow Jones reminds me of the migration of the starlings – link attached. I had a pet […]
https://www.armstrongeconomics.com/wp-content/uploads/2023/02/1991-WEC-SP500.mp4 COMMENT: Marty, I remember your 1991 conference when you said Russia looked like it would collapse by the end of the year. I think it was December 31st when Gorbachev resigned. But I also remember how we were talking about how key reversals were still reappearing but migrating to different time levels. You […]
QUESTION: Mr. Armstrong; I met someone who used to work for you. He said your models are far more complex than anyone imagines and that it is not a simple algorithm. He said you have relied on quantum mechanics which is why nobody has been able to duplicate what you do. Would you care […]
COMMENT: Marty; Your forecast that sports peaked with the ECM 2015.75 and would decline was really amazing. Socrates is monitoring everything and your explanation that sports would peak and decline was part of the cycle has proved that there are so many trends all interconnected. Fantastic forecast nobody else even thought about. GH REPLY: Yes, […]
QUESTION: Hi Marty… I’ve been reading your blog for several years now. I’ve been trying to understand the basics about your reversal system is with no luck. Yet I’ve been trading stocks with only simple trend lines for years using basic tech A. PS I still don’t even understand how the Federal Reserve works either… […]
COMMENT: I took the tour of the Vatican museum and the sculpture collection is unsurpassed. It was great that a pope told the people to bring statues to the Vatican rather than destroy them as some pagan god. The guide also pointed out how the best art was the first century and the quality diminished […]
QUESTION: Dear Martin, During the WEC in Rome you’ve mentioned that center of finance moving to Asia after 2032. I’m wondering if work ethics from a country with no religion can be sustainable for so many years? My assumption is if the religion helped to shape the Europe’s success (and not any other part of […]
