As I have written before I think something is very wrong with Mr. Armstrong for not thanking the people that helped him when he was being tortured in a United States Prison. At least his mother thanked (and I think gave her a gift) Kris Zurr for her efforts. Armstrong's reason that people were making money from his name is pretty pathetic, a few bloggers making a few hundred dollars from ads ultimately got him out of the hole from the resulting protest phone calls and emails to the prison officials (who pleaded for him to get them to stop it) and then Kristy and Nate contacting a Congressman whose pressure also helped to get him out of the hole. Contrast this against the lawyers who get 10's of thousands of dollars which ended up being useless or the millions of dollars he makes from his conferences, subscriptions and computer time-share available at $5 million up to $100 million annually! The grassroots helped him but now strangely they became his enemy.
He pretends to his blog readers not to know me and recently wrote in reference to me...
'a goldbug blogger wrote such and such and it proves he does not understand cycles etc' , this is not even that true as can be seen on the sidebar article on this page.
My oscillator is now suggesting that Gold Stocks will go down into 2014 and as I wrote to Martin on his blog (which he did not publish from his ivory tower) I am no more a Goldbug that he is, I fully understand that things can cycle down as well as up, I think Gold will peak in 2016, he on the other had keeps changing his mind on when the peak will come and he charges people $750 a head to hear some of that advice but don't expect to ever really learn much about how his computer model works.
I know from a contact that the president of Global Futures in Vancouver said he rejected using Armstrong's service because he would not produce an industry standard report showing what amount of capital gains etc. his company was getting for clients.
I know from experience, trading his reversal numbers is very hard, they do not always work, that is not to say he has not had some good predictions but trading requires a consistent methodology to have ultimate success. Despite all this I still think Martin Armstrong is one of the best analysts alive though, his computer model is obviously an amazing accomplishment.
I was also told by a French Physician who had attended Armstrong's lectures that he did not like it that he kept putting the price up and felt that Armstrong was really just in it to make as much money from the public as he could, not that he was so altruistic trying to save people from their governments.
Kristy Zurr who transcribed his letters from prison to put on her scribt site and is the woman that first contacted the Congressman that helped get him out of prison now has a very low opinion of Martin including calling him at least one name I won't repeat.
Below are some messages left on this site which are pretty amazing....
Kris Zuur, Russ Browne & Nate Martin are just the latest of scores of people conned by Martin Armstrong. He's a narcissist, a fantacist, a flake and an ingrate totally lacking in conscience, grace or shame. He'll subvert any situation to his own narrow self-interest all the while sucking the life blood out of all unfortunate enough to be drawn into or happening into his orbit. Its time this oxygen thief and pathological liar is exposed convincingly once and for all.
Nigel Kirwan 12/10/12