“When they formed the Euro, I told them “You have to consolidate the debt”. They felt they couldn't sell that idea to the Europeans. So they wanted to go through the currency first and then they would deal with the debt. And that never happened. […] Now they keep yelling at Greece: “You've got to pay, you've got to pay”. The whole Euro depends upon countries that can't pay. And if they break, everybody will going to start and sell the Euro because the whole system is just completely bogus! […] The Euro is in serious trouble and Brussels does not understand what the problem is. Politicians do not understand currency.”

Martin Armstrong, once a financial strategist and advisor to over one trillion dollars of asset, developed a computer model based on the number Pi and other cyclical theories to predict economic turning points with eerie accuracy.

 

The Forecaster

Just recently, Martin 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 had the rare privilege to receive Martin in our offices and 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.

We listened him talking about gold standards, interest rates, what money really is, the Euro and European debt, Grexit, taxation, the Swiss peg, oil, stock markets, elimination of cash, and many more fundamental topics of today's world economy.

Money flows between stocks, bonds or commodities, political circumstances and economic trends, the variables are just too many for a human mind to process it all into a lucid forecast. You may agree or disagree with Marty's political stance, but you can not deny the fact that history keeps repeating and each generation has to learn a hard lesson.

The talk is of high interest for any citizen of the world but becomes even more compelling for currency traders, since misunderstanding currency makes us blind to the perpetual dance between value and price across the globe.

We hope you'll enjoy watching this eye-opening video as much as we enjoyed talking with Martin.

Behind the scene: How FXStreet met with Martin Armstrong

 

Video Player:
Our video is available in HD but if your internet connection or device does not support such a heavy file, you can reduce the resolution of the video:
• Click on "Play" then on the gear at the right bottom corner of the player ("Settings")
• Next to "Quality", choose the resolution of the video.


---
Interview conducted by Gonçalo Moreira
Recorded at FXStreet's headquarters in Barcelona on May 28, 2015
Video edited by Maud Gilson

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Feed news Join Telegram

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD extends recovery above 1.0350 ahead of EU inflation, Powell

EUR/USD extends recovery above 1.0350 ahead of EU inflation, Powell

EUR/USD is extending recovery gains above 1.0350 in the early European morning this Wednesday. The US Dollar retreats further amid a better market mood. All eyes remain on the Eurozone inflation, US ADP and Fed Chair Powell's speech. 

EUR/USD News

GBP/USD recovers from 1.1940 as US Dollar refreshes day’s low, Fed Powell’s speech eyed

GBP/USD recovers from 1.1940 as US Dollar refreshes day’s low, Fed Powell’s speech eyed

GBP/USD has sensed responsive buying action around 1.1940 as risk aversion loses luster. The Bank of England is expected to advance its interest rates to 4.25% in Q1CY2023. GBP/USD has gained strength after testing the 200-EMA around 1.1960.

GBPUSD News

Gold eyes triangle breakout on Federal Reserve Chair Powell Premium

Gold eyes triangle breakout on Federal Reserve Chair Powell

Gold price is looking to build on Tuesday’s recovery gains above $1,750, as traders brace for a busy Wednesday trading, with high-tier United States economic data and Federal Reserve Chair Jerome Powell’s speech to hog the limelight.

Gold News

Three on-chain metrics suggest Bitcoin price has bottomed, here’s where BTC is going next

Three on-chain metrics suggest Bitcoin price has bottomed, here’s where BTC is going next

Bitcoin price action has spiked 5% over the last 24 hours, hinting at the start of an optimistic scenario. Previous publications have already explored why BTC is ready for a bear market rally from both short-term and long-term outlooks.

Read more

Eurozone Inflation Preview: EUR/USD fate hinges on confirmation of peak inflation Premium

Eurozone Inflation Preview: EUR/USD fate hinges on confirmation of peak inflation

ECB President Christine Lagarde told European lawmakers on Monday that Eurozone inflation hasn’t peaked after reaching the highest levels on record in October. Will the Preliminary Eurozone inflation print confirm a peak in inflation?

Read more

Majors

Cryptocurrencies

Signatures