As already covered in an earlier post in this blog, we had the rare privilege to receive Martin in our Barcelona offices for a one-hour interview. Martin Armstrong, once a financial strategist and advisor to over one trillion dollars of assets, developed a computer model based on the number Pi and other cyclical theories to predict economic turning points with eerie accuracy.
He came to Barcelona for a festival screening of the documentary movie “The Forecaster“, directed by Marcus Vetter, about his experiences with the New York banking cartel. We took the opportunity to ask for his view on many troubling issues involving money and financial markets.
We purposely took a different angle from the film’s, not inquiring Martin about the injustice he and his family had to go through in recent years, and instead tried to plunge into the mind of an individual who discovered how the world ticks through the lens of a computer model.
Meeting with Martin
Our in-house analyst and currency trader Gonçalo Moreira started following Martin Armstrong in 2011, when he got out from jail and his blog started to attract more attention on his Economic Confidence Model. We got in touch with him in November 2011 to ask him to come to the “International Traders Conference” that FXStreet was organizing every year back then and that was going to take place in June 2012. To our great surprise, he accepted the invite. And until a few weeks before our event, he was still confirmed. He finally had to cancel due to a too busy agenda of conferences, government meetings and other commitments.
So when we saw that he would come to Barcelona, we tried again. And this time, it worked out!
Martin came to our office with his colleague, Ashley Warren, CEO of Princeton Economics International, the international think tank created by Armstrong. They stayed one hour and a half with us for a very inspirational meeting and interview.
The movie screening
That same evening, several people of our team went to The Forecaster movie screening at a downtown cinema here in Barcelona.
Under the tagline “Can a computer model predict the world economy?“, Vetter’s documentary tells the extraordinary story of Martin Armstrong. In the early 80s he established his financial forecasting and advising company Princeton Economics. His forecasts were in great demand worldwide. As Armstrong’s recognition grew, prominent New York bankers invited him to join “the club” to aid them in market manipulation. Martin repeatedly refused. Later that same year (1999) the FBI stormed his offices confiscating his computer model and accusing him of a 3 billion dollar Ponzi scheme. Was it an attempt to silence him and to prevent him from initiating a public discourse on the real Ponzi Scheme of debts that the world has been building up for decades? Armstrong predicts that a sovereign debt crisis will start to unfold on a global level after October 1, 2015 – a major pi turning point that his computer model forecasted many years ago.
After the movie, Martin Armstrong joined the audience for a Q&A where the astounded viewers asked him many different questions, from his years in jail and problems with justice to his view on the recent elections in Spain, the future of the Euro. There was also an -apparently common, as Martin said himself- question about why he thought he was still alive…
You might not agree with Martin’s political opinion, but it goes far beyond left or right. It’s about history and future, cycles and humanity, and the world we live in. In my opinion, any world citizen should spend a moment to listen to what Armstrong – and his model – has to say.
A few additional links…
- Interactive site of “The Forecaster”: articles about Martin Armstrong and his model in an interctive website designed as a newspaper chronique.
- Armstrong Economics website and blog.
- “The Forecaster” on IMDB website.