I listen to a lot of web interviews and most of them just repeat stuff I have heard before. But occasionally you hear one that really opens up a new door in your mind concerning the global economy and where PMs are headed. This interview did it to me: http://www.netcastdaily.com/broadcast/fsn2012-0316-1.mp3 Basically, Martin Armstrong says that: * The endgame US debt crisis will come around 2017 * In the meantime, the stock market will ramp up and become bullish * Why we are not headed for hyperinflation any time soon * If PMs are going to skyrocket at endgame, then 2012 must be a very quiet year for them What he basically says is the stackers still have about 5 years to wait.
Doesn't follow that gold or silver will get a lot cheaper. Agree that Martin Armstrong is a good listen, and he's sophisticated about finance but talks naturally.
I'm skeptical about this Martin Armstrong guy. He got thrown into prison for 5 years, and got release before he finish his time, and all of the sudden he got interview and large publicity all over the place. Something smell fishy here... I'm incline to think he struck a deal with the bankers in control, "get me out now and I'll say what you want me to say...".
^ People who spread misinformation are only dangerous to those who can't think for themselves. Looking at the world's financial and political situation, what Martin Armstrong says makes a lot of sense. He is bullish on the PMs but is not a permabull - and he doesn't back down from predicting downward corrections. He also realises that the US debt system is a ponzi that will collapse - hardly something the global banking system would want to be telling the general public. But the key is to think for yourself.
I liked the interview, thanks for posting. Basically, he says Europe will hit the rocks first, followed by Japan, and then the US. The US can kick the can down the road for longer, but their day of reckoning is coming.
