Tuesday 18 February 2020

The Mother of all Forecast Claims

In the following

Armstrong Interview Paris, France

Martin Armstrong makes the ultimate claim in the first sentence of the video:
Cela vous est-il arrivé de faire des prédictions qui sont avérées totalment fausses ?

Have you ever made predictions that are completely wrong?

No, not really, because it's, everything is connected.
He says he never fails. The Mother of all Forecast Claims!

More specifically, he claims that his predictions are accurate to the day. In:

The Real Implications of Forecasting Are More Profound Than you Think he writes:

COMMENT: Mr. Armstrong, I attended the Berlin Conference and I must say, you told us to expect a move between the Benchmarks in gold, and that the first quarter looked to be a countertrend move. You seem to be able to map out the direction of markets all the time. I am still working out the best way to read the arrays. But I have to ask. Why have you not been given the Noble Prize with such a long track record that is unbeatable?

REPLY: The fact that we can forecast any event to the day PROVES that markets are by no means RANDOM.

Computer never wrong

Furthermore, he claims that his computer is free of human bias and never wrong. In Opinion Infected by Bias. he writes:

The computer has never been wrong because it sees trends without interjecting some theory or bias which infects all opinion.
In The Time of Separation of the USA is Rapidly Approaching. he again writes:
Our computer has NEVER been wrong.

As any other charlatan and professional trickster, Martin Armstrong is an expert in fabricating deceptive material in support of his claims.

The details of how he does this are very important: His material is highly ambiguous. This means that for any of his fraudulent claims, there are multiple conflicting views in his smoke and mirrors machine. To get an idea, see:

Socrates Technical Analysis Prediction Magic 

He only needs to cherry-pick in hindsight the matching piece that support his agenda. I have seen him spend days looking for such pieces in the most obscure places just to prove his point. This web site exposes his methods in great detail. Do not expect this to be simple.

Compare his fraudulent projections with the facts:


Major failed Predictions 

Monthly Reversal Failures December 2018
Martin Armstrong Financial Advice: Do not buy the Low!
Socrates Long Term Past Performance Review
Weekly Superposition Event in the DOW October 2018
Quarterly Superposition Event in Gold 2015
The End of Bitcoin Currency, another failed forecast from Armstrong
Prediction of ECM model for 2015.75
ECM failure 2020
The Martin Armstrong Lie Detector
 

Claimed Successful Predictions He Never Made

For many of his predictions, the earliest going back decades, there is no evidence that he ever made them. Still his shills and cult members repeated them hundreds of times:

In Aladdin v Socrates he claims on Dec 20, 2022:

... when Socrates got the whole crash right. It picked the very day of the high in 2007 and they were calling it on the floor Armstrong’s Revenge.

At the time, Armstrong was imprisoned for fraud and wasn't making ANY public predictions. BTW his Socrates computer was not running at the time.

"Martin Armstrong the only one to forecast the Fall of the Berlin Wall"

"Martin Armstrong predicted the Top in the Nikkei to the Day"

 "Martin Armstrong predicted the March 2020 US Stock Market Low" 

Multiple of his shills claimed that he predicted the March 2020 low (which was a result of the Covid-19 pandemic). There is no evidence of such a prediction. it. In fact the opposite is true. For details, see: Martin Armstrong's 2020 ECM Turning Point

 
His claims are fraudulent misrepresentations of performance. Why?

Because Martin Armstrong sells his forecasts in the form of expensive reports, services and seminars.

That is why his business is a scam. Pure fraud.


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