Martin Armstrong The Hyper Fool

QUESTION:

How is it possible that Martin Armstrong has been such a prominent and persistent loser? Lost as a coin dealer, lost as a newsletter writer, lost as a fund manager, lost as a forecaster. Now he is losing as a loser cult leader peddling disinformation for profit. One would think that a rational person claiming to be a forecaster would have found over time a way to NOT be persistently wrong about everything.


ANSWER:

Martin Armstrong is incompetent in all areas that he claims to be an expert in, in all areas he claims to have advised others in. And he foolishly and stubbornly contradicts known facts that are well established by contemporary science. However, being a fool himself, he has found a way to commercialize this foolishness: He created a cult whose members pay for the privilege of feeling good about sharing his contrarian views. As can be expected after my exposés, his business is declining.

Here I am going to prove that 1) Martin Armstrong is a fool and 2) why, and 3) I am going to show why other fools follow him. Then I am 4) going to prove why it is foolish not only to follow him, but why 5) it is foolish to even spend time listening to him and reading his blogs. Finally I will 6) prove that it is is harmful or at least counterproductive to use any of his statements or ideas as a reference in support of anyone's agenda.

1) Is Martin Armstrong a fool?

Martin Armstrong is an uneducated, unskilled school drop-out. He does not even know how to use a pocket calculator. With his limited knowledge, he discovered for himself the ubiquitous phenomenon of cycles in Nature (as if the earth's day - night cycle was anything special). After this discovery, he clearly felt like a genius and decided to trade financial securities (they go up and down in price over time) based on cycles as follows:

Decades ago, he hired some programmers who wrote a bunch of computer programs for him that he now calls Socrates. He then used his Socrates to trade the markets with money stolen from investors. He made spectacular losses - US$700 million. Then he covered the losses with a US$3 billion Ponzi scheme. He was caught and spent 11 years in jail for it. Before going to jail, he hid US$15 million including rare gold coins worth US$2.5 million in his caches.

Most criminals think they are innocent, and Martin Armstrong is no exception. After getting out of jail, to clear his name, he created one of the biggest lies in history: Most likely using some laundered money from his caches, he engaged his collaborator Marcus Vetter to make a disinformation infomercial about him "The Forecaster". It's a movie of a conspiracy theory. A web of lies. Blames someone else, in fact the Government for his crimes. The wet dream of a criminal. Sells the movie on Amazon and in his online store. The reviews of that movie are so devastating that he creates another lie to make it more exciting: It's an old sales trick. He creates the conspiracy theory that the movie is banned:  The Forecaster (2014). This documentary is BANNED in the US. Still it works well as a smokescreen.

As the story goes, during his jail time, he lost track of one of his caches, his rare coins cache. Long after he got out of jail, someone found the coins and an auction house tried to sell them. Martin Armstrong is so extremely stupid and self-confident as usual and claims ownership of the coins in court. Got caught and lost the court case. He was ordered by the judge to pay USD 291,439.30 attorneys' fees and costs.

After I exposed his Armstrong Economics business as a collection of scams, he felt he needed to expose himself even further by bragging about the depth and size of his crime syndicate and the predatory nature of his business as follows here. I am pleased to quote him:

I have hundreds of people working for me creating YouTube accounts and other social media accounts posting positive reviews and feedback. I STILL GET fresh victims daily

...

Maybe you should come work for me? We could really use you around here. We have many aspects to our Ponzi scheme and you will be first in line and be a part of our inner circle purely based on the influence you have online and the threat you present against my business. We always pay our people the best and keep paying them for life just so they don't talk too much and God forbid tell the authorities...

MA

And finally, after failing to recruit me, he issued a death threat against me as follows:

I want you DEAD! I will find out where you live trust me. I will put a contract out on your life, you don't know who you fucking with.

This episode alone proves that Martin Armstrong is a fool who keeps hitting a brick wall with his head, making the same mistake again and again. Please let me go deeper to make my case:

2) Why Martin Armstrong is a fool

As many people have proven dozens of times, Martin Armstrong is a pathological liar. This behavioral defect is a bad combination with a few other factors: His denial of basic undisputed facts of nature such as the most fundamental law in Physics: The law of conservation of energy. The ignorance of basic laws of Economics, such as Energy return on investment (EROI) and giving unsolicited economic advice clearly in conflict with it. Such as denying Global Warming and actively advising people for preparing for a new ice age. And downplaying the the Covid-19 pandemic against well-published expert knowledge as "just another flu", resulting in financial losses of his Socrates clients.

Since his declared profession is economic forecasting, with such a distorted world view which is in conflict with reality, any of his long term economic forecasts are bound to fail. That is WHY he is a fool on the most fundamental level.

3) Why do other fools follow Martin Armstrong?

Answers to this question could fill an entire book. It would need to explain why some people like to follow a cult leader. Some answers are already included in the chapter Armstrong Economics - The Scam Business Model Exposé, and interestingly, in The Hyperspace Attention Seeker

In a nutshell, he seeks weak characters as followers and explains the world for his followers in simplified terms, using his infantile cartoon style on his blog site, often using conspiracy theory disinformation. He promises his followers to profit from reading his material and to profit from buying his services. He is effective because as a professional trickster, he creates the illusion that he is always right by means of several fraudulent techniques of misrepresentation.

Martin Armstrong NEEDS fools who follow him, and at some point he even achieved this in his role as Martin Armstrong The Stochastic Terrorist, exploiting grievances and hatred which is quite perplexing.

4) Why is it foolish to follow Martin Armstrong?

This is almost a rhetorical question in light of the above. Simply speaking, it is foolish a follow a fool, a convicted felon, a fraudster who is still in conflict with the law (as he even admits himself), and who has been discredited countless times. It is foolish to pay subscription money for Socrates as service, that Socrates that generated millions of losses for its owner.

5) Why is it foolish to to even spend time listening to Martin Armstrong?

Given the fact that information used by Martin Armstrong is at best heavily biased and at worst pure fiction and disinformation, spending time reading his material is simply counter-productive because every piece of information read consumes energy and potentially influences our thinking processes adversely.

6) Why is it counterproductive to even mention Martin Armstrong?

Given the above, it is clear that any idea or concept that one may want to promote is discredited by mentioning any of Martin Armstrong's statements or ideas, and by quoting his publications. There is a high probability that if you do that, then your idea or concept is likely to be wrong as well. Last not least, who wants to even remotely be associated with a criminal fool?

Below is an anecdotal proof, an example:
On Mar 27, 2021, Martin Armstrong posts a four week old interview of himself by host Greg Hunter on his blog site to keep his followers ahead of the curve (the last part of his traditional campaign cycle):

Armstrong Interview by Greg Hunter

Apparently this interview is also used by a member of Martin Armstrong's inner circle Martin (Name changes frequently to be less obvious, see comments on the video page) to advertise the sale of two expensive Martin Armstrong published e-books on the ebay auction site:

1)  a $99.99 e-book:

To be advised, I found this historical study (pdf book) from M. Armstrong for sale on eBay which is selling for substantially more (as much as $4,000) on Amazon https://www.ebay.com/itm/The-Greatest-Bull-Market-in-History-Martin-Armstrong-4000-on-Amazon-ECM/233332049735

the same PDF that is actually available for free here:

The Greatest Bull Market in History - Free Copy

and

2)  a $49.99 e-book:

Also, The Greatest Trade of the Century (Martin Armstrong) Trade of the 21st Century also for sale https://www.ebay.com/itm/The-Greatest-Trade-of-the-Century-Martin-Armstrong-Trade-of-the-21st-Century/233647149367

the same PDF that is again available for free here:

The Greatest Trade of the Century - Free Copy

These books were actually much more expensive (double and more) - apparently my campaign has reduced the price

So fools visit that site - to get scammed, to get separated from their money when they buy his snake oil, which is also available for hundreds and thousands of US$ in his online store.