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Skol

33,110 Posts.

1402

03/07/19

09:39

Post #: 39347089
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Originally posted by 5riven: ↑

omg SkOL. Another ill informed comment put up by you. You carry on about People putting up Articles about James Rickards_Peter Shiff and the like and you put up this rubbish from someone discredited.

Some history of Martin Armstrong from Armstrong economics.

Martin Arthur Armstrong is an American self-taught economic forecaster who uses his own computer model based on pi. He was convicted in 1999 of cheating investors out of seven hundred million dollars and hiding fifteen million dollars in assets from regulators.He is also a gold bug, your favourite type of person.
Martin Armstrong – Gold Bullion To “Max Out At $5,000 Per Ounce”
15, April
– Fall 2015 turning point – civil unrest and riots globally says forecaster Armstrong– Fed have to raise rates – due to pressure from congress and media– By 2020 the cost of servicing U.S. debt will outpace defence spending– European banks will collapse and “blood in the streets”– Higher rates will also devastate emerging markets who have issued dollar-based debt– Gold to “max out at $5000 per ounce”– Advocates diversification and holding bullion coins familiar to public such as $20 gold coins– “Your portfolio has got to include everything … including bullion”
Renowned financial analysts and trends forecasterMartin Armstronghas said that gold will“probably max out at $5,000 per ounce”as“people lose confidence in government”and that we will see riots and unrest globally in the coming months – the fall of this year.
It a very interesting interview withGreg Hunterof the excellentUSAWatchdog.com, Armstrong says :
See it all here folks Brought to you by your favourite Troll, skol

https://news.goldcore.com/us/gold-blog/martin-armstrong-gold-bullion-to-max-out-at-5000-per-ounce/

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Doesn't matter whether it's Armstrong or not? It's actually the truth. Sure, Armstrong is a tosser who's been making absurd forecasts for ages and even did a stretch in the clink, but he's correct.

Hopefully this clip meets with your approval.
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