Martin Armstrong's Latest On "Real Dark Pools"

Tyler Durden's picture

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lizzy36's picture

U must have exceeded your 1 day max on the red pills today?

Project Mayhem's picture

Is this the same Martin Armstrong who is languishing in prison because he refused to give the CIA his computer models?

Project Mayhem's picture

indeed it is.

 

"

For those who have never heard of him, Armstrong is possibly the most knowledgeable man on the planet regarding the subject of cycles as they apply to social behaviour. He developed a complex forecasting model - based on fractal natural cycles (cycles within cycles within cycles) - which was so accurate according to Armstrong that it came to the attention of the CIA who sought to acquire ownership of and control over it. As Armstrong tells it, when he turned the CIA down they contrived to ensure that he was sidelined and they took his computer anyway, which led to his source code self-destructing when it was tampered with."

 

http://www.gold-eagle.com/editorials_08/bloom122908.html

EQ's picture

Martin is a very smart person.  But, he's probably also a megalomaniac. Some fo that shines through in this brief.  But, if you read between the lines (where the facts in his analysis are contained) he validates a point I made on here over the weekend.  And the neophyte conspiracy theorists and monetary boobs criticized me for.  That is, we could easily devise a Federal Reserve system that isn't prone to bubbles and that the real scourge of mankind is private banking.  And those who worship at the ideology of Mish are ideologues putting their faith in someone who knows what he knows but that isn't really as much as people think. 

He's an agent for change and for that I respect him.  But, he really doesn't understand the topics of economics or monetary economics beyond what is discussed in Rothbard's book on the Great Depression.  In other words, the market will turn against him at some point because his knowledge is limited to the fact that we have a debt bubble. And there are actually some solutions to much of this crisis.  Or ways to mitigate some of the outcomes.

Of course, it sounds better when Martin says it.  Because people are into sycophantic worship rather than listening to someone posting anonymously on a blog.  I am Martin Armstrong.  lol

Anonymous's picture

Wait, are you saying that EQ=Martin Armstrong, or am I missing something?

Anonymous's picture

Your fustian commentaries are painful....instead of making useless statements such as "we could easily devise a Federal Reserve system that isn't prone to bubbles", please describe the system to which you refer or, in the alternative, provide an outline of some of the "solutions" to much of this crisis. Anything less and your commentaries are hollow.

dnarby's picture

I'll stick up for him...  A bit.

 

It might be possible to design a system that is prone to *smaller* bubbles.  One part of this could be a partial backing by metals, say 60-70% (as the Swiss used to do).  That's all I got - But it's a start.

Anonymous's picture

you're on the right track but won't reach the
station with that solution......federal reserve
systems with open market operations MUST result
in economic implosion through inflation....
currency based upon debt MUST result in implosion
based upon deflation consequent to credit
contraction.....

the original federal reserve legislation was
gutted through criminal defiance of its provisions
against fomc ops....benjamin strong was the crook
who lead the way....died before he saw the
results of his handiwork....congress retroactively
legalized omo....

debt based currency is just like british consoles
which were a total disaster and eventually
eliminated early in the 20th C.

no, the federal reserve is beyond redemption and
must go....the only honest and viable solution
to our economic and monetary problems are a
return to the gold standard and aboliton of the
federal reserve.

PrDtR's picture

I'll stick it TO him.. hehe.. :-\

Anonymous's picture

Is this a draft ? I see spelling and grammar mistakes.

Project Mayhem's picture

Martin is a genius who is writing this from a Federal prison.  Cut him some slack

Anonymous's picture

he is a genius writing this from prison? cut him some slack? gads, why is he in prison? the man is a thief . i ask you. if he had done what he did in china or singapore, what do you think they would have done to him? he is lucky he is not in a japanese prison. he would already be dead...instead of writing nonsense like this, he should stick to things he knows about.

damn , have to get out my calculator again......shucks...:)

Project Mayhem's picture

 

Martin Armstrong was held without trial for seven years on contempt (I think the longest in U.S. history). . .  it is still a subject of debate among his supporters and detractors whether there was actually any wrongdoing.

 

Incidently, I find it interesting how criminals such as Paulson, Lewis, and Geithner remain free and in office, while the government selectively prosecutes those it finds to be a nuisance or politically expedient.

Anonymous's picture

And I believe he received an additional 5 year sentence for conspiracy to commit fraud. The government sure likes to charge people with conspiracy, but would NEVER EVER commit it themselves. Right?

He refused to turn over $14M in gold that he allegedly had, that frustrated the judge so the judge locked him up and pretty much threw away the key. I believe on his third appeal they finally kicked the existing judge off the case. Not because the judge was going to let him out of jail. How's that for a speedy trial.

It turned out the Japanese ended up getting all of their money back, so I am not even sure why he is in jail. What a system.

He is in prison and probably doesn't get any white out to use with his typewriter. Just a guess.

Anonymous's picture

He doesn't have access to a computer...only a type writer. Which when he was in prison they placed him with a murderer who beat him with it...sounds funny, but I don't think a white collar crime deserves to be paired up with a murderer.

Seems like the nice government men have something against him...

Anonymous's picture

He's writing this from prison.

Anonymous's picture

Hmm... WTF

Isn't there a decent person in finance anymore ?

Anonymous's picture

they stuck ratigan in the corner and he has become superfluous.

Anal_yst's picture

Seriously who is this guy, typewritten ala 1968 and from the army base at Fort Dix?

 

And that is to say nothing of the nightmarish writing skillz, like an ESL student in SoCal!

Anonymous's picture

As part of his incarceration, M.A. is denied access to a computer and thus the web as well. He is allowed to use a typewriter.

Anonymous's picture

Its all about the spread... created by the "Goldman Collar."

Wepollock

Anonymous's picture

OT: In honor of Apollo 11, we have lift off. What a total shock.

Anonymous's picture

Apocalypse now-

You can get the full history of his writings by going to: http://www.economicedge.blogspot.com/

Scroll down bottom right.

If you have an interest in philosophy, cycles, history, and interesting insights to current events, his writings will provoke thought.

Narcolepzzzzzz's picture

All of his recent writings are also available on scribd:

http://www.scribd.com/people/documents/10432015-kris?page=1

"It's just time" is a fascinating read.

Anonymous's picture

Can someone just name all the members of the "club" this guy talks about? Would make his conspiracy theory more interesting.

Anonymous's picture

TD, Cornelius, Marla...

Anonymous's picture

This market is certainly weird...
normally market falls faster than it goes up.... now it goes up faster than it falls!!

Anonymous's picture

That's bear market rallies. Too many shorts having to cover, stumbling over each other.

Anonymous's picture

Anyone noticing the china syndrome building itself out in the backgroung...
If China can't sell their bills (along with every other sovereign nation trying to sell massive amounts) they will need to dip into those hefty US Treasury reserves and sell.
SELL UST, THEN SELL US $ TO BUY YUAN.
GET THE DRIFT?

BLOOMBERG-
China Fails to Complete 20 Bln Yuan of Bill Sales, Traders Say

Anonymous's picture

Yep, they've had three failed auctions recently.

Anonymous's picture

Here is a conspiracy on top of a conspiracy for all of you:

If you read Martin Armstrong's "Behind the Curtain" dtd April 9, 2009 you hear a very clear message about a coordinated scam for the toobigtofail banks and IB's gone bank holding co's.

Then take a look at a number of other publications he has published since that time.

If you compare the other letters written since the "Behind the Curtain", one thing that jumps off the page to me, is his endorsement of a one world currency-- there is a complete disconnect, and this is an inconsistency that I can't reconciled. But, here is the conspiracy on a conspiracy, maybe Martin Armstrong is now working as controlled opposition for the bankster interests, or, maybe some of these papers are counterfeit?

Anonymous's picture

what exactly is the contradiction you're referring to? I don't get it.

Anonymous's picture

on the one hand, he outlines the complete scam that was accomplished by letting lehman fail, paying of debts of aig without taking it into receivership, to the whole tarp fiasco---

What seems to contradict the "behind the curtain paper" is that subsequent papers he wrote all about the new world order that is needed and that it must include a one world currency. And even in the paper posted today, he goes to great length to convince the reader that all fed conspiracy ideas are just not so, and that there is no way that central banks ever coordinate--i just don't think that all this fits with the tone of the first paper in that the first paper almost foreshadows a paper that would confirm fed conspiracy theories.

Project Mayhem's picture

interesting.  thanks for bringing this to my attention.  reading the papers now.

 

 

Project Mayhem's picture

I'll have to say I strongly disagree with Martin's position.  This financial collapse was obviously planned -- most likely with a main goal of consolidating the banking system under the control of several 'mega-banks' who will swallow up the regionals and locals.

 

also  I love how in his brief history of the Fed and how it 'smooths over' the economic cycle, he completely skips over the Great Depression.  lol.  fail.

Anonymous's picture

did you read "behind the curtain"--it is a different story....what do you think?

Anonymous's picture

"complete scam that was accomplished by letting lehman fail, paying of debts of aig without taking it into receivership, to the whole tarp fiasco"- how is any of this related to a grander scheme involving multiple central banks?

How does suggesting a 2-tier currency system, or "one world-currency", in any way invalidate "Behind the Curtain"? I'm not really following your argument. MA is seemingly just trying to plug his book.

Anonymous's picture

"Behind the Curtain" is, in my opinion, very valid--it is the other articles released subsequent to "Behind the Curtain" which support the "new world" with one world currency... Again, i think that the information conveyed in "Behind the Curtain" does not match with the same mind of the person writing the other essays....PERIOD.

The info in "Behind the Curtain" was obvious to anyone paying attention last fall. There is no way, in my opinion, that the same person who wrote that, could be advocating that the conspiracy theories about the fed, and central bank coordination are just groundless...and when the term conspiracy is used, it is unfortunate, because it is not like people sit around in some room trying to determine the fate of the world, it is just that the privately held federal reserve company is serving itself and all it's agents instead of the public good. In the paper today, he outlined the stupid mistakes of central banks as proof of no coordinated efforts, and that, is just it, but it doesn't prove anything except stupidity.

Anonymous's picture

Is it just me, or is there really this little volume driving the market up.

Anonymous's picture

TD, you never fail to give me that warm feeling in my tummy.
Where do you get this shit?
Does Bloomberg have a function for "demented shit" GO or do you have psychos contacting you 24/7?

Anonymous's picture

He's absolutely correct about the Goldman troops needing to cover margin calls.

The troops were playing the market with their own assets right along with the firm.

Anonymous's picture

TARP manager Neil Barofsky used to work for the law firm that currently represents Hank Greenberg vs AIG. Of all the law firms, of all the attorneys in america, the Summers chooses the guy involved in the AIG litigation. America is clearly the most corrupt government in the world.

Anonymous's picture

Yeah, warren spoke about working on dark pools not too long ago.

Anonymous's picture

I doub't there is much of conspiracy going on. However it is obvious that there is plenty of corruption. Now I don't get why "thought provoking" should be taken for TD ideas, opinions & views.

Hondo's picture

The fed's liquidity is in the process of creating the next taxpayer bailout.  Think about what people were saying in the mid '90's and then look at where the market is now.  What did people miss.........nothing.  Are things fundamentally better or worse than in the mid '90's.  I think I'll watch this from the sidelines....

braintrust's picture

Things are fundamentally worse. That should be fairly obvious.good finance articles this market is insane. period.

Anonymous's picture

Also all of the CNBC interns & Co', prior to labeling this site as Cuckoo land, I would suggest for you to read ZH manifesto and ask yourself a question: "Isn't it something that I as a free citizen and media/finance professional should be doing?"
And by "should be doing" I mean guarding the integrity of your character and profession, fighting against corruption and stupidity.
There is much more in here than your regular conspiracy material.