Review on WEC - World Economic Conferences and His Fake Office

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.

I have never personally attended any of Martin Armstrong's WEC.  However, I was able to find at least five reviews given by attendees:

1. From Is Martin Armstrong a fraud/conspiracy theorist?
User named I-0m writes on 8/17/2018

I did attend Martin Armstrong conference couple years ago and believe me it’s a complete scam.

For 2 days he is going to repeat what you can read on his blog.

Coming to commenting his forecast array, someone else came in to talk about it, without giving any understanding clue to read it.

His pretended AI system is a complete scam, giving obfuscated information making it useless.

I did buy some reports too after hundreds of pages of history in the last 3! pages finally some forecast written in a way that whatever append in the future he will be able to proclaim «I did tell you»

Half of the answered questions in his blog are fabricated to make him appearing a true genius.

He is able to twist any fact to make them fitting to his ECM.

He is brilliant to mix lies with accurate economics facts to seems honest.

For more than 5 years now he keeps saying that he will open his AI forecast system to everyone next month. Which has never happened yet.

Read at insight about economy but for your own sake stay away of his forecasts. He is unfortunately biased by anger toward the system and looking for fame. If you dare question him, he will insult and call you stupid you as an answer. My experience of MA.

2. From Re: Martin Armstrong Discussion
User named parrisboy writes on January 08, 2020
Memories of Marting Armstrong WEC conference in Philadelphia in December 2011 .

Just Before , Marty was in jail and published interesting papers and analysis written with a pencil and on paper toilet !

Then Marty is released and organizes a conference in December 2011

As I was part of a group of private investors in Paris, one of my friend Pierre organized a trip to attend the conference.

general idea was :
Parisboy is free, he is retired, he has time to go
Parisboy understands , speaks and read english
Parisboy knows almost all about Waves and Cycles then he (we) could benefit fully from such conference

etc

Budget was around 6.000 $ - Fees 2.500 + plane + hotel + visa + ....etc 50 % coming from Pierre

As I am a serious guy , I read ALL papers I had from Armstrong + all those I could put my hands on through the net.

Then I made a synthesis of the dispersed thoughts and methodologies Marty sparsed in his papers.

Moreover I read all the "transition" papers Marty send the participants before the Conference.

I was ready ! summarizing all during the flight. Ready for the examination before the Master.

Arrived at friday evening, met 2 other french guys coming also at their expenses. Excellent dinner in a nearby restaurant from Louisiane.

Skype with Pierre : ready to go.

Next morning - Great breakfast with the other participants. 2 nd Skype : READY

During the morning conference , slight deception Marty talked about all and nothing, general life and politics and economy, summarized his story, his life in jail . We knew already all, having read his papers.

I thought : OK Marty has to vent the pressure, it is his first conference AFTER jail, he has to keep synch with us .

Intermede : nice buffet lunch before the afternoon conference . I WAS READY

we came back into the room .

5 Minutes after having put my ass on my chair , I knew I was fucked, that we were fucked.

We found on the table before each of us a copy of a "methodology " paper we had already received (and read and studied) !

And Marty during 4 hours (14 h / 18 h) just READ above paper with some comments.

On a big screen we could see OLD charts published years ago by him, not one were updated

after the conference 3 rd Skype with Pierre : WE WERE FUCKED ! MAN

nice dinner in the same restaurant

the next day 2 conferences of Marty chit-chatting about Congress, laws, The Economy , Gold, Silver etc - kind of small talk answering questions

very nice dinner again after the evening cocktail.

Nice trip, excellent tourism - visit of the Gettysburg Battlefield, roundtrip around Philadelphia with pictures of the Rocky monument, visit of the Declaration of Independence, visit of the USS New Jersey

I WAS FUCKED

Thanks Marty for the excellent food : lobsters and seafood from Louisiana and the good tourism

For the fun :

I came back from Philadelphia to Paris with soaps, napkins, pencils, letter paper, envelopes all with the printed name of the Westin Hotel where was the Conference to prove my friends I REALLY was in Philadelphia and did not stayed in Paris cashing their money !

Thanks Marty
3. From Re: Looks like yet another charlatan
User named trulycoined writes on April 25, 2019
...
I attended Martin Armstrong's WEC in Orlando last year. It is pricey, plus the flight to the US and accommodation. I also met him briefly and asked to his ear - being a natural sceptic of everything - how his model could be "accurate" where if it is based on datapoints, he does not have all the datapoints of everything on the planet. More data = more accuracy. That is universally true of any scientific pursuit.

At best, his model should then simply give an indication of a potential event based on SAMPLED data. Therefore, it cannot be correct all of the time.

His response to my question was somewhat defensive, and he explained it is accurate as it has called so many major global events to the day. His body language to my question was also defensive - he seemed taken aback that anyone would dare question his model, especially as an event attendee.

Also at the event, there was a lot of chatter among attendees of the significance of "pi day". That was Nov 21 2018 and nothing significant happened. It was then explained away as a "turning point" and not necessarily something major like a stock market crash or a war. While I can accept that if you understand the ECM, why not instead call out the actual flashpoints, rather than the lighted tinderbox "moments"?

Others I spoke to had similar opinions to those on this board. Parts of MA's work on economics, history and law was solid. But Socrates itself was ambiguous, difficult to understand or possibly worth dismissing altogether and following your own trading strategies based on experience.

This did make me question MA's Socrates model.

However, I will add I found the event very interesting and have no regrets going. If anything, it allowed for further scrutiny of MA and his model. The talk about global socioeconomics and what the future has in store was fascinating. It was well put together and delivered, was logical and I do believe much of what was discussed will end up happening.

Would I attend another? I was considering it, but then ultimately, how much new content will be added over 6 months (Rome WEC) or 12 (Orlando WEC)? I am not convinced so much would have changed it justifies another $2750 for a ticket, plus travel and accommodation. I would rather put that money into an investment and accept not being 100% up to date with the latest global economic insights from MA, which is where I still feel he has the most value.

Would I use Socrates or his prophesied calls to trade my money? Probably not, but then I am a conservative, "safe risk" type of investor.
...
4. From Re: Martin Armstrong Discussion
User named unwashed writes on July 08, 2019
...
One last observation, I did attend the 2015 WEC and they setup a forum for all attendees which I participated in. After the wec in Dec 2015 MA called for gold to go down below the 1k mark but my TA was saying otherwise and express so on the forum. I believed it bottomed. I wasn't alone, there was an Asian female who also was stating the same observation. We both tried to convince everyone of what we were seeing cause, OMG, everyone was going short on his forecast. Well, I took a long position and so did the Asian female. The after math wasn't a pretty site. Pull up chart for dec/jan 2015 gold chart and see for yourself. Gold rallied from 1062 to 1375.
...
5. (on a separate page)

Another WEC review by an actual attendee


trulycoined also discovered that what is described by Martin Armstrong as New Offices are Just About Completed is really a time-shared virtual office

On that page we read:
We have been constructing new offices and we are scheduled to move in December 1st. We have included a room for video. We will be doing more videos on current market trends as part of the Socrates Project.
trulycoined describes his observations in the same message:
Lies?
I recall a blog post by MA where he explained their new offices were "just about complete":
https://www.armstrongeconomics.com/armstrongeconomics101/new-offices-are-just-about-completed/

As the OP explains, that may well be complete BS. Further investigation (as can be seen in the image on MA's blog) is this is the BB&T building in St Pete. This has virtual office facilities, so any one-man band business can thus claim a prestigious address. Moreover, I found this after a 30s Google search:

https://www.regus.ru/en-ru/virtual-office/united-states/florida/st-petersburg/florida-st-petersburg-first-central-tower

And it is exactly the same image. I then quickly took a look at the holding (Inc.) company:

AE Global Solutions

And could only find one address in Florida:
15600 FL-699
Redington Beach, Florida

That is a residential address, and it probably is MA's house. If you take a look at Google street view and look back at the house adjacent to the driveway, you can see a BMW i8, which MA even mentions he owns in some of his blog posts. Hence, his business premises consist of:

1. His home
2. At best, a virtual office.

Moreover, payments for Socrates are taken from an FZ LLZ entity. That is an Abu Dhabi based business and is done so for tax reasons. Again, you can be a one man band and easily set up such a thing.

In terms of "global organisation" with office space, I think that is a lie.

The question is, why? When dealing with such controversial subjects as economics, trading and finance, credibility is ESSENTIAL.



A sample report: The Greatest Trade of the Century - Free Copy

See also:

Martin Armstrong Inner Circle Details 


No comments:

Post a Comment

Note: only a member of this blog may post a comment.

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...