Leading Cycle Theorist Predicts “BIG Volatility Come September/October” ; Reality Will Make Its Way Known
May 22nd, 2012
In the 1970′s he predicted gold’s meteoric rise and its 1980 top to the day. He published a full page advertisement in USA Today warning of the impending collapse of stock markets in the 1987 Savings & Loan crash – and nailed that one to the day. He saw the collapse of the Japanese real estate market and warned his clients that a depression was coming. In the late 1990′s he contacted Russian officials to advise them of an impending meltdown of their currency due to forces beyond their control – and he was right again.
He lives in New York today, but for the better part of the last decade he was held in federal prison. His charge? Officially, nothing. Unofficially, he was held in contempt of court for nearly ten years for refusing to hand over his cyclical economic models to Goldman Sachs and the US Government. According to the powers that be, Armstrong was manipulating the world economy, and because he refused to share his prescient models, they locked him away without charge or trial – indefinitely.
He may sound like a fictional character out of a Hollywood blockbuster, except Martin Armstrong is the real deal, and he’s been warning of a paradigm shift unlike any we have witnessed in history.
With the US government expediently acting to restrict personal liberties, nearly incalculable amounts of national debt, Europe on the brink of a break up, and confusion in global asset markets, Armstrong’s Private/Public cyclical models are indicating that the world better get ready for a rough ride – and soon.
Via Armstrong Economics:
I have warned that the United States would be last to fall because it is the core economy being both the largest as well as the reserve currency. I have warned that this will not collapse into dust all at the same time. Each link will break one at a time cascading like dominos. This is not my OPINION – it is history.
Greece will be forced to leave for staying under the terms of Germany will bring civil war. Social unrest is erupting and what the US and German authorities FAIL to understand is we are dealing with a BELL CURVE and not a linear progression. There has to be balance between austerity and stimulation. It is like heat and cold. Both extremes will kill you. We survive in the middle.