DEBUNKING ARMSTRONG AND SOCRATES ?
OK…I admit it up front. I simply do not want to believe the Apocalypse Theories . I have no more reason to try to see if Armstrong “The Forecaster” is the real deal or if he is a scam artist .
Call me an Ostrich if you like . I just cannot accept blindly that ONE man is such a genius that he created a super computer what is ALWAYS precisely Correct in ALL it’s calls .
Over the Years I have waffled back and forth from believing Armstrong is who he says he is and believing he is full of shit .
Recently I have been reading everything he writes with bated breath. After all he claims he is called in to Advise Sovereign Nations and that he was jailed because he knew too much and that he has shaken hands with Klaus Schwab. And then there is the “Forecaster” a slick entertaining movie which put Marty on a Pedestal on a par with the real Socrates .
But Now with his proclamation that WW3 and the Annihilation of the West is at hand ( as posted by Spock this morning) I decided it’s time to try to understand what His Socrates Computer is all about and what it’s track record really is .
Now we know that “Fact Checkers” are mostly bullshit so I will keep this in mind but I have come across
This long detailed “analysis” of Marty and his infallible machine . Someone spent a lot of time and effort to “critique” this guy ….so I present the link here for all to peruse.
It will take a long time to unpack all of this considering the links provided . I would like to see what each of you think of this piece and it’s validity . One thing for sure it is THUROUGH and Incriminating to say the least.
https://armstrongecmscam.blogspot.com/
Here is a link within the link specifically showing how Socrates completely missed the Crude Panic in 2020
https://armstrongecmscam.blogspot.com/2020/05/armstrong-failed-to-predict-crude-oil.html
THEN THERE IS THIS
Socrates Subscriber Testimonials
https://armstrongecmscam.blogspot.com/p/socrates-subscriber.html
…………………
On a personal note I can say that back in the day when Armstrong was worshiped as the be all and end all trader to follow , I bought his Gold and Silver Platinum and Palladium Forecast from Princeton Economics International ( circa 2014 ) …I was packed full of forecasts for the 2 metals in every currency Imaginable…I found that to be ludicrous …I saved it for a rainy day
I could not make heads or tails of what he was saying . It honestly was so confusing and convoluted that I gave up. But one thing for sure…it was WRONG on every level for Gold
Dear Gary
Thank you for purchasing the 2014 Precious Metals report. Due to the size of the report it will be sent as four parts in four separate emails. Please find part three attached to this email:
Part One – Gold
Part Two – Gold (Continued)
Part Three – Silver
Part Four – Platinum, Palladium and Copper
Please contact us at clientservices@princetoneconomicsintl.com if you have any issues or request more information with regards to reports and services, we will do our upmost to get back to you as soon as possible.
Best Regards,
Princeton Economic
I kept part 4 for some reason and I just reviewed it …It is incredibly detailed and long including many historical references etc but the bottom line is it is completely undecipherable for trading…Huge ranges is his arrays and graphs …it’s overwhelming to say the least…cant post it it’s a PDF but what use was it ? Zero . NO WAY that one man could have produced this document..Army’s Army ?
What strikes me is that his economic “Confidence” Model has been constructed upon Cycles that he claims have repeated for 3 thousand years. How the F**K does he analyse what happened 1000 years before Christ..for Christ sake. I remember he claimed to do so by examining Coins and Pottery and ruins from those times.
And one last thing…which means nothing BUT…he just Looks like a shady Character.
Anyhow this is just my attempt at scrutinizing a Guy ( Human after all) and his Computer which is presented as ALL Knowing Infallible Modern day Nostradamus .
WTF do I know ?
PS…You don’t hear about Princeton Economics International anymore but …Here it is Googled
3 Trillion in assets under control in 1998 ?
WTF ?
https://www.apollo.io/companies/Princeton-Economics-International/5569a71473696425c4a66f00
I dunno guys…i just dunno…anything
Fresh air and sunshine.
Thanks, Fully.
Once again you can count on FGC to lay out a well explained, objective analysis of a situation. I know almost nothing of this guy except what people here post and say about him. I don’t follow any “gurus” but I am always willing to read and learn from everything and everyone out there. One thing I have found and why I pretty much dismiss a lot of different disciplines is because as FGC describes this guy’s previous work, most gurus and paid advisers make reports and or charts that are so complicated and convoluted they are not only useless they leave themselves an out in that the reader didn’t understand and properly use them. They make their reports long and many pages to be able to charge more especially to institutions purchasing their research. If you can’t explain something in one or two full pages at most, with a few clean charts, it most likely isn’t worth paying for.
What a beautiful articulation, Sir CM! Hats off to you!
That’s why I love the weekly updates from Stewart Thomson and Morris Hubbart on 321gold.com
http://www.321gold.com/editorials/sfs/hubbartt040122.html
http://www.321gold.com/editorials/thomson_s/thomson_s_040522.html
Cheers,
GL
His knowledge of monetary history is impressive.
His inability to write coherently (or hire a good editor) is a major recurring complaint.
Socrates may (or may not be) impressive. I can’t tell because I can never figure out what its saying. Nor can people I know who subscribe to his premium content.
He does have a good read on current events through his contacts. But he’s wrong on inflation (it isn’t just bottlenecks, but partly monetary also ratifying dollar budget deficits).
Whether or not he’s right on something, he’s always earlier than everyone else, including his alarms on the WEF.
So … let him flag an issue, pay attention, and then sort it out for yourself. Watch for confirmations, or non confirmations from elsewhere.
“I dunno anything.” Hey, Fully, the real Socrates of ancient Greece said that your statement was the beginning of wisdom. 🙂
And I believe the real Socrates and Plato and a bunch of the other Greek philosophers hung out and downed a few with FGC back in the day.(LOL)
Marty has made some impressive calls.
For example, the 1987 crash to the day. Also, the exact top in Japan, and the Asian financial crisis, years beforehand.
In 1985 he called the demise of the USA starting with the 46th President. Well here we are! And it certainly looks that way, with a brain dead Biden in office. Who could have foreseen this, 27 years ago?
Not saying he 100% on the money, but its worth paying attention to, from a macro level.
As far as trading calls go, Rambus has the clear edge though. Marty’s charts on his site, are crap.
correction: 37 years ago
Again I don’t know but reading this blog they say many of his calls were revisionary.
Great post Fully. You’re humble enough to admit we can’t KNOW many, many things. I’m with Pedro: all one can do is attempt to sort out what he puts out and decide for oneself.