1. All quiet on the reports front today, Friday. Metals showing weakness this am.
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  2. Good Friday morning! We arrive at the end of week, with the metals coming into the day weak. Gold down 5.7 to 1325, while Silver is down 6 to 19.75. Oil is up 6 to 44.81. The USD is up 8 to 97.13.
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  3. Week of 7/22/16 Closing prices & Chg Over Last Wk---- Gold $1322.10 DOWN 5.30-- Silver $19.69 DOWN .47-- Oil $44.26 DOWN 2.39--- USD $97.51 UP 95 tics-- Based on near term futures contract--- At JMB Current price AGE $1392.74 (1), SAE $22.49 (20)
  4. Added Heartland Precious Metals out of OK and LA to the map, Added Texas Precious Metals, and Added Provident Metals.

Armstrongs latest cycle......

Discussion in 'Topical Discussions (In Depth)' started by 917601, Oct 8, 2013.



  1. 917601

    917601 Mother Lode Found Mother Lode

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    Perfectly in line with the next Shemitah, well, well, well......serious? The last Shemitah saw Lehmans $500 billion dollars absolved, this time around should be well increased in magnitude, total absolution, vaporization......08 was pennies.

    The year 2016 is a primary target for political change. 2014 is a target for turning the war cycle and 2015.75 is the next turn on the Economic Confidence Model. We are in serious trouble......

    http://armstrongeconomics.com/armstrong_economics_blog/
     
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  2. Usc96

    Usc96 Gold Member Gold Chaser

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    Did anyone else see the title and think Lance Armstrong was trying for a cycling come back? :s9:
     
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  3. 917601

    917601 Mother Lode Found Mother Lode

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    Who is Lance?
     
  4. Ahillock

    Ahillock A nobody Mother Lode

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    So will all my debt be absolved as well? :p
     
  5. dirt to oil

    dirt to oil Gold Member Gold Chaser

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    that depends on whether you've asked the big guy to forgive all your debt.
     
  6. sunshine alley

    sunshine alley Gold Member Gold Chaser

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    Mr Rothchilds

    Goldman Sachs

    or

    J.P. Morgan ?
     
  7. Goldhedge

    Goldhedge Modal Operator/Moderator Site Mgr Site Supporter

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    Armstrong says if the default on the debt, private money will cause the stock market to rise.


    That implies no Tbill buying...


    Would that also indicate that 15K is not a bubble?
     
  8. Jodster

    Jodster Silver Member Silver Miner

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    There's no logic anymore. I'm so confused. What does it all mean?
     
  9. oldgaranddad

    oldgaranddad Gold Member Gold Chaser

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    You are not alone. Even the experts (most of whom aren't) are grasping at straws. All the markets are so manipulated and rigged that if you are not watching the hands of the people behind the curtain then no one knows what is going to happen.
     
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  10. honu5050

    honu5050 Mother Lode Found Mother Lode

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    well that's one down.
     
  11. BarnacleBob

    BarnacleBob GIM Founding Member & Mod. Founding Member Site Mgr Site Supporter

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    LOGIC dictates that IF the "letter writers" like Armstrong, Willie, etc. are such exceptional professionals of knowledge & investment, then WHY are they writing "letters" and operating subscription services? FACT is, if they are so good at what they claim to be good at, they would be to busy managing their investments and/or the investments of personal clients....

    Evidently many of the "letter writers" for whatever reasons cannot make a living playing the markets... so they write about them.... I for one dont invest much credibility in their musings for these reasons.... secondly, I have over many yrs noticed some of these writers write disinformation & misinformation that COULD NOT have been merely a error or mistake.... which brings about the next ?, WHO are some of these people writing for? Especially the ones that are always writing for free, yet they offer no subscription services? I reference these clowns as "the steering" comittee.... trying to steer naive folks into certain investments, etc.... JMO
     
  12. 917601

    917601 Mother Lode Found Mother Lode

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    Careful who you listen to, just so many and few have 30 year plus records. The only two I listen to and act on their advice: Sinclair and Russell, the two legendary greats. Armstrong and Willie fall into the read and then decide if to heed category. All four say the same, Sinclair and Russell pin it down with more suggested actions to take. Armstrong and Willie rarely give detailed action to take.
     
  13. Hope+Change

    Hope+Change Gold Member Gold Chaser

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    Think the Detroit bankruptcy, but 800x larger.

    They could always print their way out of it, but this would destroy the value of the bonds (and currency), including the banker's $52 trillion of mortgage/credit card/student loan debt.

    est_own_us_treas_sec_201003.jpg
     

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    Last edited: Oct 9, 2013

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