Saturday 21 March 2020

Another WEC review by an actual attendee

This is a special page with testimonials of WEC conference attendees.  If you haven't read it yet, please read this page first: The World Economic Conference WEC.

Here is someone who paid $3500, talked to several other people who all have agreed that they got tricked into paying a huge sum for essentially nothing.

I won't quote everything, but here are the words directly from Chris (the URL is for his web site - the actual post  https://knowyouradversary.com/2018/05/29/new-world-order-economics-beware-of-the-hard-sell-collapse-promoters/ rolled off his blog history so it is no longer available):

I have been a regular reader of Mr. Armstrong’s blog for at least five years, but he hasn’t been revealing anything new lately.

I was intrigued with his concept of the 2015 financial big bang, so I paid $3,500 in 2015 to attend Mr. Armstrong’s WEC conference in Princeton. I figured it was close enough to home that I could drive, so the hassle of getting there was minimal.

Once at the conference he did reveal a number of predictions for 2016-2017, but the event was nothing more than a boot camp type of seminar, where if you wished to learn more he had a number of services you could subscribe to. A person could easily spend $10,000 a year and more for his stuff and I felt short-changed by his WEC conference.

I used his Socrates trading platform for several months and found it unrevealing. I went back to my methods and began making money again.

I met a number of individuals at the conference. From what I could tell, I did not come across any institutional investors. I spoke with about 20-25 attendees and they were in my position. I would estimate that at least half the people were retired and just managing their own money.

I have to admit, we were taken. Normal mutual fund management charges less than 0.6% for the management fee, without you doing ANYTHING. If you pay $3500, you should have about $583,333, or about $600K in portfolio.

Wake up people. You go to his WEC conference, and still cannot figure out what to do afterwards? I'm sorry to say that it's a horrendous investment. Chris also commented about Socrates, and I could have guessed easily. It SUCKS!

 
Here are four other reviews on Martin Armstrong's WEC, and nothing is positive.

Thursday 19 March 2020

Armstrong Economics the Largest Forecasting Firm in the World

Please look at Martin Armstrong's claims, for example:

We Apologize For Site Overload – Expanded Servers Are Up
You must realize we are the largest forecasting firm in the world. We cover more than 1,000 markets ever day. When the surge of millions of people tries to get in at one time, the system is designed to ... so that when tens of millions trying to get into the basic level, it does not bring down all levels.

It appears that this message is nothing more than a confidence trick by an operation that is run on a shoestring budget. Because:

In October 2021, years after first launch, not enough money to even fix the bugs?
Thank you for visiting Ask-Socrates.com. We are in the process of updating our site, migrating data, and transitioning to a new infrastructure.
You may experience delays and discrepancies during this time. We appreciate your patience and understanding.

And in case you wondered who is behind this outfit, click on the button "Learn more About Us" - it leads nowhere. But wait. I can tell you where this shady operation resides. Offshore in the UAE. Proof:

Ask-Scorates

Look how big they are:

Forecasting & Political Correctness
The problem stems from the fact that I am INDEPENDENT and we are not a one-man-band newsletter. We have the resources and are global and have always been. Therein lies the distinction. Because we are global, we have to monitor the world. We have been the LARGEST institutional adviser with more than 25,000 institutions stemming from back in the 1990s.

Martin Armstrong never advised institutions as he claims. The proof is here:

Which Institution was ever advised by Martin Armstrong?.

Another lie: he does not even have a permanent office outside his Florida home.

And he ISone-man-band newsletter. Given the time he is spending on one-man-band marketing, posting on internet bulletin boards posing as his own clients, it is hardly surprising that there is no time left for even writing quality reports and books let alone providing specific advice.

Again, I provide the proof here:

Martin Armstrong's Informant Behind the Curtain

 

 

 

 


Which Government has asked Martin Armstrong for Advice?

Which Government has asked Martin Armstrong for Advice? 

 QUESTION:

See title.

ANSWER:

None.

Proof:

See the case studies, testimonials and references of all the satisfied clients at the 

Martin Armstrong Corporate Web Site 

Now let's look at Martin Armstrong's claims, for example:

Martin Armstrong Book: The Private and Local Money During Financial Crises 

On Jan 18 2024 he used the

Fake Fan Email Cofidence Trick to create fake testimony of Argentinian government officials attending his conference and that he advised Argentinian President Javier Milei on economic theories:

COMMENT: It is apparent that you are advising Argentinian President Javier Milei on economic theories. You said at the WEC that we would eventually see local currencies. If you are not informing him directly, they attended the WEC. He even warned about irresponsible provinces resulting in inflation. That is what you explained.

DA

REPLY: I am not at liberty to say who I have spoken with because we have to sign confidentiality agreements. As for attending the WEC, it is also confidential who attends. We are not like Davos, which shows off the politicians to attract others in hopes of meeting them. Because of the Israeli/Palestinian events, we had a surge in people coming to the site and to the WEC virtually because they wanted answers from our computer, which has a reputation of generally being correct and unbiased. After all, it is not a human opinion. The amount of people coming in was simply overwhelming,

The above is as fake as it gets because, if he was ever asked by Argentinian President Javier Milei for advice and signed a confidentiality agreement with him, then he would not be at liberty to post this episode to promote his book and Socrates.

In Why do I Meet With Heads of State he writes:

I have been meeting with heads of state since 1980. I was simply the largest adviser in currency and understood how things worked globally from a teenager. People ask me all the time, how did I become the largest adviser in the world?
In Trump – Mar-a-Lago – Coronavirus he writes:
I am often invited to various political events by presidents. I have met with a number of presidents and have been invited to White House dinners.
In Trump & Abolishing the Income Tax he writes:
There are plenty of people who read this blog and the private blog in Washington.
In The New Age of Economic Totalitarianism & the London Meeting to End Currency he writes:
I have advised many governments in my life, so there are those on the economic side of power who are well aware of what I stand for, not merely the prosecutors who salivate over the opportunity to take down someone famous to further their personal careers. I was perhaps the first and only analyst or Forecaster invited by the Bank of China to fly to Beijing during the Asian Currency Crisis back in 1997. I may even be the only analyst who has ever had such an experience on a truly global scale. I have been just about everywhere, and at times it appeared that if there were crisis, somehow I was dragged into it by some government somewhere. There is scarcely a major nation who is not aware of the ECM.
In Hiding Behind the Curtain – Best of Both Worlds he writes:
I have advised far too many governments around the world and major multinational companies.

In Ukraine the Real Story he writes:

I myself was asked to take the position of Chief Economic Adviser during the Bush Jr. Administration and declined.

In Who Really is the Deep State? he writes:

I have said before, up until 1999, I was actually asked to meet with people who wanted to run for president. They were told I was there to brief them on the real world economy but I was to also assess their mental capacity to handle the complexity. Then I was asked to go meet with George Bush Jr. and was told, “This is different, he is really stupid!”

In July 18, 1996 Testimony of Martin Armstrong before House Ways & Means Committee he writes:

Mr. Chairman, members of the committee. I would like to thank you for inviting me here today to offer what information PEI has gathered from our experience in dealing with the multinational corporate and institutional sector of the global economy....

So he claims that he was asked to testify before Congress. It's bullshit. Everyone can check the records. Testimonials are documented. With the names of the people who testified. But Martin Armstrong's name never appears anywhere. Here is the detailed record for the same day:

Thursday,  July  18,  1996 Daily  Digest

It's like everything else. He just makes things up and creates a record on his blog site so that he and his shills can quote it. Hundreds of times. In every YouTube interview. That's how it works.


Where is the evidence for any of this? Even in case of Margaret Thatcher who spoke at one of his conferences, she was speaking wen she was no longer in office, no longer working for the government.

She was speaking there to collect her speaking fee. Or as he likes to say - follow the money.

He likes to mix things up to deceive us. All wishful thinking. He may have written letters to governments, getting "No thanks" replies, but that type of advice certainly does not count.

Any evidence - be assured that he would certainly show it to us.

If you haven't already noticed, he has an axe to grind with the government. Why on earth would ANY government ask for his advice? They locked him up in a prison cell for 11 years.

What more proof do we need than the following?


Conclusion: He thinks we are idiots. He is schizophrenic, suffers from delusion of grandeur.

In Europe Banning Short Selling – Insanity Continues he writes:
The Insanity of Caution

Forgive them for they Know Not What They do because they are just idiots?

By Martin Armstrong



Such statements are self-defeating. The damage is done. Irreversible damage. Let's try to put it into different words. You don't bite the hand that feeds you. So why on earth would the hand that you have bitten ask YOU for any advice? We hope everybody gets it now that the Charlatan-in-Chief has no clothes.

Unfortunately, I am are still not finished. He gives unsolicited advice in a way which is an indication of a mental health issue. See Economic Advice by Martin Armstrong

and in this petition Bring in the expert Martin Armstrong to stop the destruction of the world economy , he shamelessly advertises himself as an expert while at the same time trying to undermine the confidence in the US Government. 

 

In Conspiracy Theories – Way Too Much Credit. 

again, he sells himself as the expert with connections to "people behind the curtain":

I met with the Australian Government trying to negotiate buying land to move Hong Kong in the mid ’90s. No matter what I was willing to pay, the answer was always no. When I pressed the Labour Government why, I was told they were NOT “Labour” people. I asked if this was racism? I did not understand. The response was no, they were fleeing communism and they believed that allowing them to enter would change politics for they would vote Conservative. It is ALWAYS immediate self-interest. There is no grand conspiracy. These people are NOT that smart and could care less beyond their immediate term. Sorry, This is the reality behind the curtain.

This big fat lie that he was negotiating on behalf of Hong Kong the resettlement of the entire city into Australian northern territories. This is one of his most crazy lies in my opinion. Someone had to reach out to Paul Keating and debunk this crazy myth once and for all.


Saturday 14 March 2020

The Institutional Services Confidence Trick

Why is Martin Armstrong advertising institutional services? I have never heard anyone else (except his shills perhaps) even mention them.

It's a common confidence trick. He doesn't need to have such institutional services to make money.

No institutional clients would EVER subscribe to a service that is a scam because they have due diligence.

Proof:

Which Institution was ever advised by Martin Armstrong?

But he can fake the institutional services which is the trick!

Institutional Service for Small Business is a post that is synchronized with his current campaign revolving around coronavirus that he has started at zerohedge.com to get fresh victims:

Martin Armstrong: The Cyclical Character Of Coronaviruses

Complete fraud as everything else. He has done it before: Institutional Services.

... and as far back as here: Institutional Time Share

On his Global Artificial Intelligence Computer that does not exist.

The Institutional Service Confidence trick has an additional purpose. To create the illusion that institutional services income generated the initial wealth after his 11 years in prison. Without which it would not have been possible to re-build his scam business. To create a smokescreen around the fact that he stashed away millions stolen from investors before his prison time. Those assets that he failed to return to the court, which is what earned him the contempt of court charges. Those assets some of which he later claimed ownership of in court and lost the court case. See:

Martin Armstrong guilty as charged for Contempt of Court because of his hiding coins based on the latest news

and

Martin Armstrong The Humanist Impostor

and

Martin Armstrong The Hyper Fool

Summary:

His scheme is optimized for defrauding the little guy whom he is claiming to protect (from the government).

Very sad indeed.

Thursday 12 March 2020

Martin Armstrong Financial Advice: Do not buy the Low!

FACTS DO MATTER!
Martin Armstrong says DO NOT BUY THE LOW
4 days after the 2018 LOW


It is important to note that in spite of all the fine print on his web pages, Martin Armstrong sells financial advice aggressively. This is important, because he has been barred by court order from even association with any financial adviser: Conviction
Based on a consideration of the relevant factors, and all of the circumstances in this case, we find that barring Armstrong from association with any investment adviser serves the public interest and is remedial because, as discussed, it will protect the investing public from the likelihood that Armstrong will commit future violations of the federal securities laws.

As a proof of that he actually provides (sells) such advice, please refer to the example below:

Private Blog:

Dow & Euro for 12/21/2018
By: Marty Armstrong
Friday, December 21, 2018


Now it is the threat of a government shut down. In reality, the cycles rule and the excuses are made up to match the price movement. We are clearly electing several weekly Bearish Reversals in the 23000 zone which is confirming our forecast that we should see lower lows into January. We do have another Weekly Bearish Reversal at 22739 and a closing below that could warn of a Cycle Inversion meaning down into new week bottoming perhaps on the 26th and then rally into the following week for year-end and then turn back down into January.

The main support remains at the 21600 area. followed by 21495. Taking out this area on a year-end closing will point to a drop to 19135 zone. The prospect for a low does not come into play until January/February. DO NOT attempt any long position in the share markets at this time. Be patient and sit on your hands.

Note also that the Euro is breaking to the downside as the greenback rallies. This is also a sign that things outside the USA can end up playing a key role in early 2019. This week was also a Directional Change for the Euro as well. The main turning point is the week of 12/31 and then look at January into February - rising volatility. We have a MINOR Weekly Bearish Reversal at 11302 today

So hang tight. Everything is unfolding in line with the cycles rather nicely.
This example demonstrates three facts:
  1. Contrary to his claims, his Private Blog Posts constitute Financial Advice
  2. In this case, not only does his personal forecast fail, but also the numbers (the Reversals), refer to “Don’t trust me, the numbers are the numbers” mantra he keeps preaching like The computer has never been wrong because it sees trends without interjecting some theory or bias in Opinion Infected by Bias
  3. The forecast arrays fail (refer to his mantra "time is more important than price).



Please see also:

Socrates The Market Manipulator

How to copy Socrates Private Blog Text

 

Sunday 1 March 2020

Martin Armstrong's 2020 ECM Update

Martin Armstrong stated numerous times in the past few years that the global economy would decline into the 2020 ECM date. Since this is a turning point shouldn't the economy move up after the 2020 ECM date?

Especially since the 2020 ECM date is a graphical low on the chart?


But it seems that the world economy might fall off a cliff in Q1 and Q2, just after the ECM 2020 date:


Maybe Marty needs to update his ECM chart:


No, I am not joking. For an example page about his ECM, see:

ECM Day is Here

 

See also:

Economic Confidence Model, just a play on numbers of 8.6

Prediction of ECM model for 2015.75

Major failed Predictions




The Martin Armstrong Scam on Zero Hedge

The Zero Hedge Site For those who don't know the site, zerohedge.com is a somewhat difficult to describe in a sentence. In case you don...