GameStop Update | Armstrong Economics
Martin Armstrong, 15 March 2021
Gamestop has rallied back during the week of March 8th after all the hoopla. Cyclically, it was 13 years down and it was due for a bounce. Even our pattern recognition models picked up the rally starting in August 2020. Quite frankly, this has all the hallmarks of manipulation, but not what you may think. The classic manipulation is to pump up a market touting some player but the pros have already been in the market. This is how the Buffet manipulation of silver was done in 1998 and even the entire Hunt Brothers silver rally back in 1980. Continue reading “Article: GameStop Update | Armstrong Economics”
Rule of Law Collapsed in USA – Martin Armstrong
Greg Hunter, 26 February 2021
Legendary financial and geopolitical cycle analyst Martin Armstrong says now that the stolen election is over, get ready for lawlessness to reign. We start with the Supreme Court that refused to hear the Trump case on Pennsylvania voting fraud. There are three more 2020 Election voter fraud cases pending at the nation’s highest court. Armstrong says, “I don’t think they are going to take any of them. Look, the rule of law has absolutely collapsed in the United States. It’s just a joke at this point. . . . You swear an oath to uphold the Constitution. It’s not whenever you feel like it. . . . This is not only a denial of due process but the civil rights of everybody in the country. They effectively said Pennsylvania changed the rules against the (state) legislature in the middle of an election, and we are not going to hear the case. So, they are effectively saying politicians can change the rules of an election at any time, and it doesn’t have to be constitutional. Refusing to take this case is a disaster because next election they can choose to do the same thing at any time.” Continue reading “Article: Rule of Law Collapsed in USA – Martin Armstrong”
Christopher D. Armstrong is a member of the executive committee at the Federal Reserve Bank of New York. He is executive vice president, Wholesale Product manager and head of the Financial Services Group at the Federal Reserve Bank of New York. He is also on the Bank’s Executive Committee. Before joining the Bank, Armstrong worked at the Raytheon Company. Armstrong received his bachelor’s degree in mechanical engineering from Virginia Tech and his master’s degree in business administration from Bryant University.
Federal Reserve Bank of New York
Merrill Lynch Traders Can’t Avoid Spoofing, Fraud Charges
Law360, 21 May 2020
The government’s June 2018 indictment says the traders’ scheme between June 2009 and October 2014 created the illusion of market movement by using large orders to inflate the price, with no intention of filling the orders, thus committing wire fraud, commodities fraud and conspiracy to commit commodities fraud.
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