Loading ...Why Do Goldbugs Hate Martin Armstrong ?
Here is the reason
Because he Understands it better than they !
Disclosure :
I was a Goldbug . I a full gold crown raving goldbug . Inflation was they only way forward ..HYPERINFLATION
On this very site we had a Great debate
Inflation vs Deflation
I was certain ! Deflationists were idiots
The Fed could beat it because they had a printing Press
For every 1 Deflationist there were 100 Inflationists…all with sound reasoning
We dismissed and scoffed at deflationists as being Idiots !
I was the head cheerleader here for Buy gold because Hyperinflation is coming !
Since I found TA vis Rambus I have changed my tune ..the charts are all showing the way !
When this site was a Goldbug bastion The Deflation argument came from the likes of Ferret and other Australian
Posters who were RIGHT after all. They are Long Gone but I wish to say it one more time .
Checkmate..game set match to the Deflationists ! Well Played Ferret
I know we still have lurkers from Australia and New Zealand. Their Goldtent gatherings down there are legendary
If you guys and gals are reading this …contact me at gmag@live.ca to get your ID restored and come on in to
collect your prize
Fully (former Hyperinflationist eating Crow …again)
what did you read? Armstrong is saying the gold is going to start rising when confidence in government is lost and people realize their is a sovereign debt crisis. This confidence is supposed to start waning on October 1. That’s next week. That’s what he wrote. He would probably claim differently if gold continues down but that is what he wrote in that blog post.
“Today, gold will decline with commodities against MONEY, and then it will rise when people lose confidence in government after realizing that there is a Sovereign Debt Crisis.”