[quote=http://www.newyorker.com/magazine/2009/ ... cret-cycle]
He opened a forecasting firm called Princeton Economics International, based in Princeton, New Jersey. His model singled out, in advance, the day of the October, 1987, crash. “Never did I expect this to work on such a precise time level,”? he wrote later, in an essay called “Understanding the Real Economy.”? “It made no sense. I personally assumed it was just a fluke. This took place on the minor halfway point up the first leg of the 8.6-year cycle, at 2.15 years.”? Afterward, he was messing around with numbers and realized that 8.6 years was exactly three thousand one hundred and forty-one days: 3,141, the number pi times a thousand. The cycle mystery had deepened. If pi was essential to the physical world, perhaps it somehow governed the markets, or the fluctuations in human behavior and mood that manifested themselves in the markets. It was, after all, the magic number associated with the swing of a pendulum, Heisenberg’s uncertainty principle, and the Great Pyramid at Giza. Why not the vast monuments of data known as the financial markets? “Suddenly I saw it in my mind’s eye,”? he wrote. “There was a Geometry of Time itself.”?[/quote]
The Secret Cycle: Is the financier Armstrong a con man, a crank, or a genius?
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MachineGhost
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The Secret Cycle: Is the financier Armstrong a con man, a crank, or a genius?
Last edited by MachineGhost on Sun Feb 15, 2015 5:13 pm, edited 1 time in total.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: The Secret Cycle: Is the financier Armstrong a con man, a crank, or a genius?
The husband of one of my wife's cousins once spent some time telling me the story of Martin Armstrong and how he had developed some software that was able to accurately predict the future based on some cycle theory developed by a Russian (Kondatrief?). Supposedly he was being kept in prison because he wouldn't hand the software over the CIA.
I don't know if that's true or not but what I eventually found out using google is that the reason he was really in prison was because he embezzled some Japanese investors out of money while working with HSBC bank.
Don't know if he's still in prison or not but I know they have been posting articles by him over on Lew Rockwell.
I don't know if that's true or not but what I eventually found out using google is that the reason he was really in prison was because he embezzled some Japanese investors out of money while working with HSBC bank.
Don't know if he's still in prison or not but I know they have been posting articles by him over on Lew Rockwell.
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MachineGhost
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- Joined: Sat Nov 12, 2011 9:31 am
Re: The Secret Cycle: Is the financier Armstrong a con man, a crank, or a genius?
He's been out for a couple of years. He had the managed accounts with Republic New York Bank which later plead guilty to fraud while he was in prison. But the criminal just-us system doesn't care if you're ipso factso innocent if you're held for contempt or ever plead guilty to just one charge to get out of prison (he wasn't lucky, got no credit for time previously served).madbean wrote: I don't know if that's true or not but what I eventually found out using google is that the reason he was really in prison was because he embezzled some Japanese investors out of money while working with HSBC bank.
Don't know if he's still in prison or not but I know they have been posting articles by him over on Lew Rockwell.
A movie has been released about his travails: http://forecaster-movie.com/en/the-forecaster/
Last edited by MachineGhost on Sun Feb 15, 2015 6:15 pm, edited 1 time in total.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
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MachineGhost
- Executive Member
- Posts: 10054
- Joined: Sat Nov 12, 2011 9:31 am
Re: The Secret Cycle: Is the financier Armstrong a con man, a crank, or a genius?
No.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!