Armstrong vs Sinclair

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vortex
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Armstrong vs Sinclair

I have been debating this to myself for long enough now that I seek to get others perspective.

The Armstrong vs Sinclair argument on where gold is heading is common knowledge in the community.

It is an important one because among all commentators I have been following in the past 12 years these 2 are the best as far as helping make sense of current controlled reality. 

On where gold is headed... for the most part they agree but some months ago they begun flaming each other (without naming) and a lot myself included wondered why.

I believe personally that the answer to this simple question is ego but there might be more there than meet the eye.

Sinclair is my partner of heart because his message has always been simple, STOP TRADING AND PROTECT YOURSELF & YOUR FAMILY BY BUYING FIZZ GOLD IS GOING HIGHER NOW OR IN THE COMING YEARS

Armstrong message is different in that his credo is NOT NOW. TIME WILL COME WHEN IT WILL BE THE RIGHT TIME TO OWN GOLD BUT IT WILL GET HIGHER WHEN ITS TIME AND ONLY THEN

Me being part of the lower deck crew with no "connections" and a very limited capital believe Sinclair message is good enough because I will never know when IT IS TIME, or only after the fact and as the old adage is saying better be 5 years too early than one day late...

Armstrong for me has provided us with very few contradiction in all he has written (in jail or outside) except one.

He usually point fingers on politicians as being the main culprit of the current conditions.

However nobody with a brain&enough curiosity anywhere on earth today believes that politicians speak their own words. He  never mention the people behind the politicians and that raise doubt for me on the rest of his analysis as far as responsibility & end game is concerned.

Now both of them have vested interest into getting public, in fact every writer talks his book one way or another I think.

Sinclair because he owns a Gold company, Armstong because he want to get that mainframe with the $100m price tag.

Not the same customer target but both have one...

This is my take on this and this thread is to account for TFMR members opinions on this question. For curiosity sake but as well because sometimes 1+1 really equals 3...

vvvvv

Edited by admin on 11/08/2014 - 06:30
Desert Fox
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Interesting subject. You

Interesting subject.

You describe the two camps well. {I'm a Sinclair fan}

Armstrong is certainly on to something and did some jail time to prove it.

Sinclair got some {odd} grief for missing his 1650 call by a couple of months. He came so flippin close, he's got my backing {whatever that is worth}

Also, I'll add that Sinclair's daily commentary is insightful and helpful in a real world sense where Armstrong's thoughts seem overly technical. {Above my pay-grade probably}

My take,,,,,these guys know some serious people and have some serious information. Still they will not get it exactly right, but right enough. They both realize what the situation is. Timing an exact date/number seems unrealistic to me. I mean, what does it really matter? High "5"s for a moment and then reality for the masses.

I see Armstrong looking to "regain" some prestige in academia while Sinclair looks/feels like he doesn't really give a damn, just looking to honestly help protect as many as possible. I take his view more to heart.

I'm far from dissing Armstrong, just that I gravitate more to Sinclair's "style".

Follow him to hell and back,,,,, with the Devil's head on a stick kind of style.

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Continued

Five years ago I attended the Tanzanian Royalty Company Annual meeting in Toronto. Before the meeting Jim Sinclair passed out a Martin Armstrong white paper to the audience and strongly recommended that people follow Martin and his writings while he was in prison at the time. JS referred to him as a brilliant mind.

What has changed in five years since that meeting? Jim Sinclair is continuing to preach his same consistent message while Martin Armstrong's message appears to be tempered towards US and major world powers since his release from prison. Maybe others can comment but Martin's writing has been toned down since his release. Maybe that was one of the criteria for him to be released from prison.

You have to wonder if Martin is also working behind the scenes with policy makers and government groups to logically find common ground in shaping the next system to take hold in the US or the prolonging of the current system in place that transitions into the next option going forward.

searcher-wamh
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Consistency of message, in

Consistency of message, in the face of obviously changed fundamentals, is not a virtue.  And simple is sometimes just a synonym for simple minded.  Does anyone doubt that if gold goes to 1100 Sinclair will be screaming buy, buy buy the whole way down?

Sinclair says the same thing, day in and day out, no matter what the price of gold, the economic conditions or the political situation. So what if he called gold 1650?  The guys calling for gold $250 will be right some day too, because even a broken clock is right twice a day. 

And yes, Jim, we know the game is fixed, but that's actually an inherent part of the game that will never change, so deal with it or get out, but either way stop whining and stop attacking those who don't follow your party line blindly (e.g., Armstrong). 

Sinclair is fighting the gold wars of the 1960s, 70s and 80s when the US economy and the Fed were all that mattered, and commodities were predictable because you only had a few players to keep an eye on.  He also can't seem to grasp that yes, the US dollar sucks, but all other currencies suck more, and in the age of wire transfers and air travel the truly wealthy find gold too cumbersome a store of wealth for anything but emergency purposes.  Can that change some day?  Sure, for a very brief time until the world comes up with a new currency.  But you may very well first lose 50% of your wealth staying in the gold market by listening to Sinclair, and in the end timing will still be critical contrary to what Sinclair says (if one day gold does go to $10,000 an ounce in a parabolic move, who do you think you are going to sell it to, and in exchange for what?  Most likely you'll completely miss the top and eventually just trade it in to a banker/broker or government agent for the new currency to buy food, gas, etc., at a suitably discounted rate). 

Armstrong has called the current situation quite well.  His message is not simple, but it is understandable, and in his articles he shows what happens to debt based economies over and over again, how it happens, and when it happens.  He also does not whine about how unfair the world is (at least not nearly as much as Sinclair), even though he's had a much tougher life than Sinclair.

There is a lot of wealth in the world, and it currently finds safety in times of crisis in the US dollar and dollar denominated assets that can be electronically transferred across borders (e.g., US stocks).  Cyprus has caused the wealthy to lose faith in the Euro, and so now there are no other "convenient" alternatives to the US dollar (yet).  Gold is simply not an option until the US dollar collapses, and that is very unlikely to happen soon because every other currency that matters is in worse shape.

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All flesh is as grass, and all the glory of man as the flower of the grass. The grass withers, and its flower falls away, but the word of the LORD (Yahweh) endures forever. 1 Pet. 1:22-25

vortex
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how more obvious can this be?

extreme events provides a perfect opportunity to finally get it.

i just realized that jim nurture being naive because he wanted to avoid what is now innevitable.

armstrong knew it from his personal experiences. mainly jail...

The status quo will not be removed gently. It will be removed with blood.

Winter is coming.

vvvvv

searcher-wamh
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In times past, individual

In times past, individual countries got out of their debt problems by resorting to war, and wealth could always flee to someplace else until the dust settled.  War is no longer an option because of nukes, and because of the global economy there are no other countries to put your wealth to "ride out the [debt] storm" (all the central bankers have gotten together and made sure of that).  We are going to have a crash of such proportions that it's really unfathomable to just about everyone, Armstrong included.  Gold will be better than fiat, but how much better can only be guessed at.  World dictatorship is the likely outcome, and in that environment gold will be of limited utility (but still better than the fiat of some defunct country).

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All flesh is as grass, and all the glory of man as the flower of the grass. The grass withers, and its flower falls away, but the word of the LORD (Yahweh) endures forever. 1 Pet. 1:22-25

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Everyone has his/her opinion

And that is fine... I do have mine as well :)

Back to our 2 fighters:

Have to say Martin is getting his case stronger in the past few days, See his blog here, excerpts included below.

http://armstrongeconomics.com/armstrong_economics_blog/

Gold Rise in Coin Demand – Crisis Still in Trading

The rise in gold coin demand at the Australian Perth Mint and the US Mint as well as in Canada demonstrates the underlying long-term bull market should remain intact. It is coin rather than bullion you should stick to when you are talking about physical purchases.

Nevertheless, from a market perspective, the gold bounce is still not impressive. The first layer of technical resistance begins at 1475 up to 1545. However, we need to see a daily closing above 1592 just to relieve the broader selling pressure.

Ideally, the high in 2011 should be followed by a low in 2013 with a rally thereafter into 2017 that will not become a phase transition until AFTER the ECM turns in 2015.75.  Keep in mind that as the pendulum swings back and forth, each time the momentum is building producing greater volatility. The weather is doing the same thing as we move into the peak of this NATURAL global warming cycle. This means when the ECM turns down again, this will produce even higher volatility than what we saw in 2007-2009 period. Also, that decline was focused in the real estate and banking. This turn will be governments. That is the entire purpose of gold – the hedge against government – not inflation.

vvvvv

Me thinking the NWO (or whatever it will be called) is a lot closer at hand than any of us would believe it is... because nature does not allow emptiness... 

the vacuum created by the next bang will take everyhing down with it, and something else will rise... all of us want to assume that none of us have the power to influence the outcome (ie it being good or evil) when in truth 

“The world will not be destroyed by those who do evil, but by those who watch them without doing anything”

AE

vortex
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I have been saying this for the past 15 years...

Nobody agreed on but seeing it there in plain sight makes me feel a bit vindicated.

Still human I guess

Losing big without a tear but enjoying our insignificant personal victory when they come :)

"We are dealing with the failed ideas of a generation that must be killed and buried as it is being replaced by a new generation of youth whose future has been destroyed by Socialism."

Stimulated/Austerity

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