Mallett Share Discussion Threads

[atlantic57] 14/3/2021 10:38

Hi Eleven

Have you had a look at the private blogg and what he has say on the Dow/Nasdaq

He seems to be intimating turning points but which way?

[atlantic57] 04/3/2021 22:07

Interest rates have now reached a very significant point.

World markets have not bought Jerome Powell’s testimony that inflation will be mild.
Yeilds are rising which presumably means there are no buyers of government debt.

It will be interesting to see what the next move is...

[11_percent] 27/2/2021 14:02

To be fair, he has said that gold will rise significantly till most people loose confidence in Gov, Fiat and the banks.

They will take their money out of and park it somewhere....with a lot going into gold and silver coins.


On interest rates, I have seen anything on them....need to catch up on the past blogs....have fallen behind.
Have not seen anything on rising interest rates in the past.

[atlantic57] 26/2/2021 16:07

I see that Mae is now saying he predicted the rise in interest rates is bang on que.
I don’t know what he is saying as I have stopped subscribing.


However who always claims that he has predicted every event ..

Perhaps he could give us a road map to the future.

He most certainly got 2020 wrong on the big issues.

[11_percent] 15/2/2021 09:57

a57,

Your (A) is the big one for me. He, or Soc, got this re-bound totally wrong.
I was always waititng for the plunge, that never came.

[atlantic57] 14/2/2021 12:35

I take full responsibility for my investment decisions but my perception of his posts in 2020 were :


A ) In 1929 the market recovered and then plunged therefor I did not invest and missed a huge rebound as he was constantly saying the markets were about to plunge.

B ) Crypto he was always negative on this .Yes I have no doubt it will plummet at some point and yes governments may well move in to close it down.

However since March Bitcoin is up by 1000%

He claims Socratese has Pope like infallibility with examples from the past where he claims he predicted everything before it happened.

Yet in the last 12 the record has been far from infallible.

Hedgeye seems a good source of data

[georgethefourth] 14/2/2021 12:13

They don't seem to have any specific predictions on the direction of anything. Just a lot of maybes

[11_percent] 14/2/2021 11:43

Cheers a57.

Sorry for late reply.

I am considering canceling my Plus membership and going to Basic.

The Blogs at the moment are repeat, repeat of the Great reset.

[atlantic57] 20/1/2021 17:46

Hi Eleven I am going to cancel my subscription to the basic level of Mae.
I will stick to his free offerings.

Someone has recommended this site

[11_percent] 28/12/2020 11:46

If I have read the tv leaves correctly crypto currencies have surged perhaps in a reaction to the latest stimulus package ,gold very mooted does not suggest it will be going on a tear anytime soon.

==========

This my opinion and nothing to do with MA.

I think cryptos have gone up due to a lot young people in the market. When I talk to young people who trade, they are into cryptos.
Is the latest surge due to the stimulas package, could be be. I also think there are a lot of guys over this period with not a lot to do, and the crypto market is the only one open.

Gold: PMs are being held back by the Banks. They were smashed when the December calls moved off the board. The Banks were short, and covered. They want to keep PMs low for year end reporting.
It is clear they have not gone away, and continue to control the prices, particularly gold, but silver seems to bounce more from their smashes.

I think the trend in gold and silver is still up.

Bitcoin has gone vertical.....its going to pull back....thats what the graph is saying.

[11_percent] 28/12/2020 11:36

I have not been posting much on here as there are not a lot of posts that call markets with actual numbers.

Most of the posts are re the The Great Reset.

[atlantic57] 28/12/2020 11:28

Thanks eleven

I don’t think you have missed much .

I think Martin has lost confidence he used to make bold statements but now he seems to look in every direction at the same time and then tell you that he predicted it.

This was my main beef with the newsletter industry they print articles by everyone and then say they saw it coming.

If I have read the tv leaves correctly crypto currencies have surged perhaps in a reaction to the latest stimulus package ,gold very mooted does not suggest it will be going on a tear anytime soon.

[11_percent] 28/12/2020 11:07

Sorry, have not been paying attention here for a while.

a57, will have a look at the MA post you linked.

As a matter of interest, there is a good BB that is under the AAZ banner on ADVFN.
Its the BB rum wanobi, not the main AAZ BB.

[atlantic57] 27/12/2020 19:41

If anyone can make any sense of his latest calls then please comment,
I can’t make any sense of this post,which seems to be at variance with what he posted last week.



For myself as long as stimulus is available the markets are likely to feed off this.

[atlantic57] 09/12/2020 07:57

He got the big calls wrong.
At the time of the march Crash huge fortunes were made by those who bought the rebound.

He printed the graph of the the 1929 crash , the rebound and then the plunge.
he kept arguing the next crash was imminent.

as a general commentary on trend he has been reliable but on specifics he seems to have lost his touch.

[georgethefourth] 08/12/2020 23:25

Fair enough. I'm thinking of cancelling the subscription. It doesn't seem useful and I find is especially annoying how he somehow always claims to be right. I can't remember him being right on anything in the last 6 months

[georgethefourth] 08/12/2020 17:51

There was a private blog on it yesterday wasn't there? I got a notification through saying it was up, but haven't been able to get onto the platform yet

[atlantic57] 08/12/2020 17:05

How con you access that blog

[georgethefourth] 08/12/2020 16:42

Are you guys still following martinis private blog? Any thoughts on his latest Dow post?

[11_percent] 26/11/2020 10:43

a57,

As I posted, most of his blogs (both public and private) are about the The Great Reset.

Where there is some mention of indexes, it is mixed in with the politics.

I agree, he tends to say that Soc has predicted some turn, when there is no mention of it in the blogs. Might have been in the Soc Markets, dont know.

However, we ahve a definate market call.

Wed 25/11/20 - DOW resitance.

A closing below yesterdays low would be very bearish 29746. So be mindfull that this week is a turning point.


The Wed close was not lower than the Tues low.

Anyway, lets see if this week is a turning point/week.

[atlantic57] 25/11/2020 11:35

eleven i dont know if you still following Martin and trying to unravel his bloggs but i simplly cannot any sense of what he is saying.

He is constantly looking in every direction and then telling you that he is right.

[atlantic57] 14/11/2020 13:33

Eleven as I have said repeatedly I believe the analysis of general outlook and trends has proved to be extremely helpful.

However using the bloggs as a basis for where to put your money has proved to be an unmitigated disaster.

After the plunge in March the right thing to have done would have been to have bought the bounce the opposite of what he was saying.

He has essentially stopped commenting on Gold in any meaningful way.

Yes Crypto currencies will eventually be blocked by Governments but again in the short run they have had outstanding runs . Bitcoin and ethereum are up 300% from the March lows.

[11_percent] 14/11/2020 11:14

Latest Martin Armstrong interview.

Its not looking good.....to say the least.