Loading ...WARNING: LISTEN TO ARMSTRONG and SOCRATES at your financial peril.
Armstrong is a bad joke. Socrates is a rusted-out, broken-down, impotent indicator of silver and gold’s directions. The biggest warning should be not to to listen to MA and his alter ego Socrates. MA has been warning about silver and gold since the breakout and has caused a lot of people to miss a big move and consequently miss out in thousands of dollars of profits. I keep wondering who MA is really working for. Maybe just for himself. Pay up $500 to be told nonsense.
Just the facts!
The FACTS are that Armstrong has been wrong all the way up in this emerging bull market. Those are the facts.
I’ll bite. Here’s a fact. Up until 2 months B4 he completes a follow up to his near flawless Dec/April bottom metals report he throws in this ridiculous gold/silver ratio blow out idea, which BTW NEVER happened at either the 76 or 2000 bottoms. Personally, it really had me convinced metals would need another year to bottom. If not for having read about TA and charting after finding goldtent/Rambus/Plunger & Spock, I’d be right there w/ the rest of his subs and followers waiting for this smack down which ALREADY HAPPENED. I’m just waiting for the final basing above $1243 in gold and then the next leg up should happen.
Also, to be fair, I am fully open for gold to retest $1180 or so. Silver has had a 20% rally in just 15 trading days! So there is no doubt a poss of some sort of correction, of course.
I agree with you, Gary. Corrections come in bull markets. I am not sure to what level gold and silver will correct or when they will do it. We could have a correction much later than expected and to a level not as deep as expected either. There were many corrections in the last bull market. They came after five to nine months of upward movement and were sideways channels that lasted from one year to eighteen months. I can’t see this kind of correction happening right now.
Maybe he should rename it Mephistopheles.
I think MAs stuff is just a really complicated way to express TA, nothing more. MA propping Socrates is like Livermore collecting notes on stock movements.
The funny thing is that, IF his stuff is based on TA, then he must be doing it the wrong way at the moment.
In the meantime MA is still getting richer. I can only imagine how much he makes off his services, conferences, and consultations. His ego is off-putting as well and he’s completely lost my interest at this point. As I’m sure many of you can relate to, I always seem to do my best trading and investing when I shut out other’s opinion from my analysis.
I make a rule not to take financial advice from people who come off as used car salesmen with giant egos, who give me the total creeps… but thats just me.
Armstrong put out a CERTAIN Double Bearish Daily Reversal Post for Silver last night !
Apparently the Socrates Blog did not..Armstrong the Human did though
I am sure his followers are thinking WTF ?
Who do we follow …?
I agree all these calls are if this then that if that then this.
He is doing TA….and doing poorly as a Human
Poor Socrates. He gets all the blame. 🙂
Armstrong may be on the Feds payroll…that was the deal for his release I reckon.
Spock, it seems that anything is possible nowadays.
time to break out the hemlock… 🙂