Loading ...THE REAL OIL PRICE
Stock Charts prints the “Continuous” Contract …so since may Futures are off the board its the June Contract that gets charted
Is this a Continuation Flag to the downside ?
OR
Is This a Reversal Pattern ?
If its a bear flag the PO really is Zero !
Zero Oil …means Zero Economy..Zero Hope.
So lets root for a reversal
The green new deal where we save the earth but everybody starves is coming right up. They wanted a zero carbon world and this is just the start of the nightmare. Seems planned, but no, that’s just crazy.
https://www.armstrongeconomics.com/world-news/climate/the-climate-change-conspiracy-to-destroy-rebuild-the-economy-in-their-vision/
Armstrong Cult again ?
You know what Marcus….sometime shit just happens !
Not everything is planned !
The guy is a shill In my experience as a purchaser of his Gold Report …preys on right wingers…
Not to mention very bad history with the law and as a trader.
See below from http://www.avareaders.com
Fully it is possible that the virus ‘just happened’ however the response to destroy the economy seems coordinated. I told my wife in Feb that I’m more scared of people’s reaction to the virus than the virus itself. The virus is real but destroying the worlds economy is worse, and that will [unfortunately] kill more people than the virus. Armstrong is correct, if this economic shutdown doesn’t end now, the future effect will be revolution.
The Lockdown has already caused damage..it wont be lifted until the scientists say so.
Thats the way it is
There will be a depression..we all agree.
Whats done is done.
Opening up too soon will also be seen as a disaster because if cases spike people will self isolate anyhow and if they have to go out they will be even more terrified.
If a few more Healthcare workers get infected by a new influx of patients THEY are going to be pissed and maybe even revolt against the lifting of restrictions.
Front Line Healthcare workers are THE Stars of this Show / Nightmare.
Some people will revolt against their local politicians and the media and the scientists BUT Nobody will
disrespect the will of these heros ! ( and they certainly ARE heros ) Would YOU do it ?
And like it or NOT most of these heros are on the Left Side…have you noticed that ?
Yes the Public Health Guys and the Doctors and Nurses are mostly LEFT and THEY are in control here
They have the power now…for better or for worse..and people like Armstrong can’t stand it.
The Scientists from Public health are more powerful than The POTUS at this point..isn’t that something.
No way out now..wait for the scientists in charge to signal all clear…OR ELSE !
Armstrong is capitalizing on the pent up frustration…thats his MO IMHO
Revolution ? We are due for a good revolution…when was the last one >
No problem…you got guns right …just shoot the bad guys.
Couldn’t agree with you more Fully. I hadn’t heard of Armstrogn before I came to the Tent, but it didn’t take more than 30 seconds to realise this was someone who’d done time for fraud. Why, oh why, not least with all the good advice and charts here, would you part with your own money to get financial advice from someone like this?
From http://www.avareaders.com
Martin Armstrong: Miserable Trader and Former Ponzi Scheme Operator Lies About His Terrible Track Record
Posted on 28 May 2018
Convicted Ponzi scheme crook, failed commodities trader and forecasting charlatan Martin Armstrong continues his desperate campaign to rewrite his past while pulling all kinds of stunts aimed at fooling low IQ sheep into thinking he has a clue as to what is going on in the economy and capital markets.
Aside from larger scale, more obvious tactics utilized by Armstrong to mislead his clueless sheep with regards to his track record, after a good deal of investigation I have very good reason to believe Armstrong employs individuals to make extremely favorable posts about him online. Perhaps Armstrong is even making these posts himself.
Whatever the case may be, I’m quite certain these posts are fake because they are always the same, referring to him as “amazing” and “brilliant” or the “best economic mind in the world” when the videos and articles for which these posts have been made do not even remotely come close to providing any basis for these accolades. On the contrary, any intelligent person would most likely view Armstrong as a complete moron posing as an investment authority.
As a matter of fact, let’s not forget that Armstrong is so clueless that he was responsible for having generated “spectacular losses” to such an extent that his complete absence of any degree of honesty and morality led him to create a Ponzi scheme as a remedy for his massive losses.
For those who might not be familiar with Martin Armstrong, he was convicted of conspiracy to commit securities fraud, wire fraud, and commodities fraud, a felony arising out of Armstrong’s operation of Princeton Economics.
Prior to registering as an investment adviser, Armstrong had never worked for a Wall Street firm, nor did he graduate from college.
He claims to have been “self-taught.” I suppose he taught himself how to cheat investors because he certainly never learned how to trade commodities, as evidenced by the massive trading losses he suffered.
The district court sentenced Armstrong to sixty months’ imprisonment and three years supervised release, and ordered him to pay $80,000,001 in restitution to sixty defrauded customers.
As part of his guilty plea, Armstrong entered a sworn allocution admitting to and describing his crime. In his allocution, Armstrong admitted that between 1992 and 1999, he sold promissory notes issued by Princeton Economics subsidiaries (“Princeton Notes”) to investors, mostly Japanese corporations.
Armstrong, through his agents, represented to the investors that the proceeds from the sale of the Princeton Notes would be held in accounts at Republic New York Securities (“Republic”) and that those accounts “would be separate and segregated from Republic’s own accounts and would not be available to Republic for its own benefit.”
According to Armstrong’s allocution, after he suffered “some millions of dollars of trading losses,” he decided “not to disclose to investors that . . . substantial losses had been experienced in this trading of futures. And we did not disclose it.” Armstrong also admitted that his concealment of his losses went beyond non-disclosure: “letters were sent by my company to investors concerning how much money was in fact in the accounts assigned to them. I . . . did send out those letters, even though . . . I knew the amounts in the accounts were less than the letters stated.”
Amen.
A Disgruntled Member of the Cult…actually several of them and they are very recent
https://armstrongecmscam.blogspot.com/
The Real Oil Price? Oh No, it’s a continuation flag……
For some cheer,,, 3 Keiths on ‘Together At Home’
https://www.youtube.com/watch?v=DtA6GdsdTs0
That’s a great video thanks 🙂
Yep, Keith’s very talented. Easy on the eyes too, lol.
Loved that drum machine — we had a more primitive version in the 80s, along with my 3 guitar guys. What fun.