[cobran20]

Another thread from GHPC that is worth keeping. IMO, his economic history knowledge and cycle work makes compulsive reading.

link

From his latest article:

Attached File(s)

•  1.jpg (136.11K)
  Number of downloads: 26

[Bernard L. Madoff]

Thanks.

[Mr Medved]

Some good news too - he was to be illegally moved to another prison, a really nasty prison too (and without a typewriter), but the authorities changed their minds after they were flooded with phone calls and emails in support of Armstrong.

Some links to keep for future letters:
http://www.gold-spec...nomic-pi-cycle/
http://www.martinarm...projections.htm
http://princetonecon...s.blogspot.com/

There's a few others you can hunt down too, the newsletters are usually put on the scribd web site.

[cobran20]

I wish he would cover Australia as well.

link

[cobran20]

Interesting comments on the $US index and the $A, around page 21

Creating the Floating Exchange Rate System--The Fate of the Dollar 2010 and Beyond 1/11/10

[cobran20]

From his latest posting from jail:

Quote

... the last Anglo Saxon nations to fall will be Australia & NZ for they will rise with China as America and Europe decline .... Our computer predicted this 20 years ago...

I wish I had access to his program! Goldman Suxs certainly was keen to grab its hands on it.

[cobran20]

Another interesting posting from Armstrong. Each to their own, but IMO he makes compelling reading. His bullish comments on the Australian economy which will piggy back on China may not be so good for RE bears.

[sydney3000]

The opening lines are great. I thought prison was soul-destroying? The guy clearly hasn't lost his passion and drive to deliver no matter any adversity.

[cobran20]

sydney3000, on 10 April 2010 - 03:18 AM, said:

The opening lines are great. I thought prison was soul-destroying? The guy clearly hasn't lost his passion and drive to deliver no matter any adversity.

I don't usually swallow conspiracy theories too well, but given how long he has been in prison for the crime he was supposed to commit relative to others charged for similar offences, as well as the treatment Armstrong has been given by authorities, suggests somebody wants to keep him out of the way & 'dead' quiet for as long as possible.

[tor]

cobran20, on 10 April 2010 - 03:54 AM, said:

I don't usually swallow conspiracy theories too well, but given how long he has been in prison for the crime he was supposed to commit relative to others charged for similar offences, as well as the treatment Armstrong has been given by authorities, suggests somebody wants to keep him out of the way & 'dead' quiet for as long as possible.

They aren't keeping him quiet though.

Now keeping him away from trading is another story. If the guy is posting public stuff which actually works then you know he is capable of rolling some mean marbles when his own balls are on the line.

I know when I do my stuff I do stuff I would never recommend to people because it is stuff that has to be right for the time and situation.

I would assume anyone capable of doing the dummies version of what they do and doing it so that the dummies are successful is a force to be reckoned with when they do it for themselves.

[cobran20]

tor, on 10 April 2010 - 05:52 AM, said:

They aren't keeping him quiet though.

Now keeping him away from trading is another story. If the guy is posting public stuff which actually works then you know he is capable of rolling some mean marbles when his own balls are on the line.

I know when I do my stuff I do stuff I would never recommend to people because it is stuff that has to be right for the time and situation.

I would assume anyone capable of doing the dummies version of what they do and doing it so that the dummies are successful is a force to be reckoned with when they do it for themselves.

The only reason he is able to keep posting is that every time they try to silence him in prison, including moving him to another more restrictive prison, is that there is a public uproar and people keep ringing the prison phones and big lawyers get involved as well.

[tor]

cobran20, on 10 April 2010 - 07:08 AM, said:

The only reason he is able to keep posting is that every time they try to silence him in prison, including moving him to another more restrictive prison, is that there is a public uproar and people keep ringing the prison phones and big lawyers get involved as well.

For a real conspiracy to be in place they have to succeed, otherwise they look lame.

Keeping him quiet? fail.

Stopping him trading? win.

[spark]

Without judging MA's posts and opinion (I haven't got the sufficient knowledge to assess his reasoning) I find it difficult to believe that a quality analysis output can be achieved without quality information input, which he may lack being disconnected from the web, reading selected printed press only.

[Mr Medved]

spark, on 10 April 2010 - 08:25 AM, said:

Without judging MA's posts and opinion (I haven't got the sufficient knowledge to assess his reasoning) I find it difficult to believe that a quality analysis output can be achieved without quality information input, which he may lack being disconnected from the web, reading selected printed press only.

I believe he is still receiving newspapers, magazines, books, etc. and he has also claimed he has a photographic memory.

Another piece written from the hole - #9. He is quite bullish on Australia and the AUD compared to other developed countries.

http://www.scribd.com/kzuur58

[cobran20]

tor, on 10 April 2010 - 07:31 AM, said:

For a real conspiracy to be in place they have to succeed, otherwise they look lame.

Keeping him quiet? fail.

Stopping him trading? win.

The only reason they can't keep him quiet is because of an international contingency keeps ringing the prison every time they threaten to move him to another prison where he even won't able to use a typewriter.

[Mr Medved]

An interesting observation from the scribd web site.

Quote

I can remember that last lime the sky on a hole conitinent was free of planes it happened september 11 2001. Now in Europe there are no planes aleady a few days. Very strange. 8.6 years between the two events. Somebody an explanation? 0.6 years should be 31.2 weeks, I make that 26 weeks = 1/2 year + 5 weeks + ca. 1 day, and that leads me to April 16. This is shocking.

[Mr Medved]

This lines up with Armstrong's turning point of June 2011.

 minsky_01-30-10-Roadmap-April-MMU-2.gif (12.96K)
Number of downloads: 12

More in the link, the intro for the article is posted below.

http://home.comcast....sky_Melt-Up.htm

EXTEND & PRETEND: Manufacturing a Minsky Melt-Up!

A distracted and preoccupied amateur is no match for a determined, organized professional with a strategy. Though the collapse of the shadow banking system was a near fatal miscue for the global bankers, they have been quick to adjust their strategy. With an army of MBAs, quants and lobbyists they have reworked their strategy at the expense of the still comatose and shaken taxpayer.

It is the first anniversary since April 2nd when FASB 157 was suspended and with it the suspension of ‘mark-to market’ accounting. The US congress held a gun to the head of the Financial Accounting Standards Board a year ago. Congress left FASB no choice but to change their guidelines under the perception that it was a deferral allowing time for the banks to adjust the toxic and devalued assets on their books. Where are we a year later with Mark-to Market still ‘on hold’ and Mark-to-Myth endorsed by the Federal Reserve Bank examiners? Frankly, the ‘happy face’ media doesn’t want to talk about it, so I will. As an investor, unlike politicians and the media, I must face reality or I will pay the ugly consequences.

[boz]

Mr Medved, on 21 April 2010 - 07:04 AM, said:

This lines up with Armstrong's turning point of June 2011.

minsky_01-30-10-Roadmap-April-MMU-2.gif

More in the link, the intro for the article is posted below.

http://home.comcast....sky_Melt-Up.htm

EXTEND & PRETEND: Manufacturing a Minsky Melt-Up!

A distracted and preoccupied amateur is no match for a determined, organized professional with a strategy. Though the collapse of the shadow banking system was a near fatal miscue for the global bankers, they have been quick to adjust their strategy. With an army of MBAs, quants and lobbyists they have reworked their strategy at the expense of the still comatose and shaken taxpayer.

It is the first anniversary since April 2nd when FASB 157 was suspended and with it the suspension of ‘mark-to market’ accounting. The US congress held a gun to the head of the Financial Accounting Standards Board a year ago. Congress left FASB no choice but to change their guidelines under the perception that it was a deferral allowing time for the banks to adjust the toxic and devalued assets on their books. Where are we a year later with Mark-to Market still ‘on hold’ and Mark-to-Myth endorsed by the Federal Reserve Bank examiners? Frankly, the ‘happy face’ media doesn’t want to talk about it, so I will. As an investor, unlike politicians and the media, I must face reality or I will pay the ugly consequences.

i have been thinking about the market melt up for few days now.
Is the market melting up already? and considering how down it went a year ago how up can the ball swing? probably the key will still be to keep monitoring where the bond money goes

[cobran20]

Armstrong has dedicated an entire article to Oz. He makes wulfgar's call on the $A look tame!

link

[Mr Medved]

cobran20, on 03 May 2010 - 10:41 PM, said:

Armstrong has dedicated an entire article to Oz. He makes wulfgar's call on the $A look tame!

link

Santa has come early for cobran.

That newsletter is VERY bullish for Australia. I'll have to re-read it to make sense of it.