Armstrong's Socrates Bait-and-Switch

If you don't already know it, please read  the Wikipedia definition of Bait-and-switch

Martin Armstrong has Bait-and-Switch strategies in pace in most of his products. The most glaring cases are where his shills advertise that his books (with eye watering prices) are sold out before they are even on the market for sale, creating the effect of scarcity, an old trick.

Likewise, his Socrates Subscription service is structured in such a way that their entry level ($15 per month) and medium level ($50 per month) are not fit for the advertised purpose and need to be upgraded to $150 per month.

Even then, this structure is enhanced further by his assertion that the long term trades (like in the weekly and monthly and higher time frames) are more profitable than short term trades. In fact they are as bad in the long term as they are in the short term, see Socrates Long Term Past Performance Review). With this trick, he keeps clients on the hook longer, discouraging them from evaluating the system in the short term at a lower expense. I know that many people have spent years to finally discover the scam.

 

As I have exposed many times, Martin Armstrong makes forecasts like a shotgun, let's say for the sake of argument twenty in a row.

The majority will fail and the minority, typically only one will succeed. He then praises the success of the minority successful forecasts, but conveniently forgets about the failures or manipulates them after the fact to appear successful.

Guess why we do not find any track record on any of his sites, only here and at Precious Metals Analyst Accountability.

That is why Martin Armstrong is talking to himself in his "public" blog echo chamber and posting in public forums as his own shill.

He censors user comments to put it mildly.

So far so good.

The Socrates system with its Artificial Intelligence magic, that according to his claims is free of human bias and never wrong, is supposedly not subject to the above confidence tricks.

WRONG!

The Socrates system, by means of its ambiguity, is not different from the charlatan scheme described above - it just computerizes that scheme of deception as a smoke and mirrors machine.

That is why I have been writing for months about Computerized Fraud, using a perhaps somewhat odd term.

Take the time and read every page of armstrongecmscam.blogspot.com and you will discover that Socrates with its built-in ambiguity will only line the pockets of Martin Armstrong but it will never even be verifiable with regards to its advertised performance.

The simple reason for the above is that it is based on human interpretation in hindsight.

But one thing is guaranteed: It will effectively impoverish its users short term and long term.

Any doubts? Check out the Socrates Subscriber Testimonials.

What else is there to say? Every man and his dog knows it's a scam.