Speaker 1: People don't understand how markets function. I think that's the
real problem. And they call these things emotionally rather than quantitatively,
and markets are they function like a pendule and it goes,
you know, to an extreme on one side and the
weight brings it back the other way, and they just
don't understand that.
Speaker 2: You're listening to Carrie Let'sa's Financial Survival Network where you
get valuable information. You just can't find anywhere else to
thrive in today's trying times. You need the Financial Survival
Network now more than ever. Go to Financial Survivalnetwork dot
com and get your free newsletter and gift. Financial Survival
Network now more than ever.
Speaker 3: And welcome you are listening to and watching the Financial
Survival Network. I'm your host, Carry Luttz and Martin Armstrong
is back with us. We're going to be talking about Iran.
We're going to be talking about his prior call on Ukraine,
what that is about. And once again in the book
The World According to Martin Armstrong Conversations with the Master Forecaster.
Speaker 4: It's selling amazing.
Speaker 3: Over eighteen hundred copies have sold in one form or another,
and the link to purchase the book is in the
show notes to this interview and you'll find it to
just click the description box. Martin's great to have you
on and I can't tell you how honored I am
to put this book out. I mean, to me, the
best forecaster you made, maybe wasn't. The most precise was
back in twenty eighteen when you said, Carrie, the dow
is going to forty five thousand between I think the
end of twenty two and twenty four.
Speaker 4: I believe the.
Speaker 3: Date was December fourteenth, twenty four. It hit forty five thousand,
and nobody, but no one else out there made a
call anywhere near to that. Yeah, some people said, yeah,
the market's going up, and I think it's going to
go higher, but nobody made the precise call that you made.
And you know, so many people ask me, how did
you do it?
Speaker 4: How did you make that call? What?
Speaker 3: What did the tea leaves tell you?
Speaker 1: Our computer's just been very, very accurate. I mean you
can look. That's why they they did a documentary on
me the forecaster that they're doing a sequel, and now
they're doing a Hollywood film on it. I mean eighty seven,
for example, computer gave the very day of the crash,
and I came out back day and even Lyrie etels
today he was shocked. He came out as the markets crashing,
say okay, fine, here's the low and the market's going
to go back and make new highs. And as Larry says,
everybody thought I was crazy. Yeah is it? And it
does same thing Barons wrote. I think it was two
thousand and nine. They thought it was a joke. The
Armstrong says, you know, this is the low and it's
going to make new highs. I was barren. They put
it out, you know, makes new highs. They people don't
understand how markets function. I think that's the real problem.
And they call these things emotionally rather than quantitatively, and
markets are They function like a pendule and it goes,
you know, to an extreme when one and the weight
brings it back the other way. And they just don't
understand that. That Like when I was called into the
Brady Commission in eighty seven, you know, I told him,
I said, you know, you know, initially they said, oh,
we're going to find the guy that shorted this market
pushed it down, blah blah blah, right, And I said,
you realize that every investigation since nineteen oh seven started
the same way. I said, don't you understand how markets function.
It's not some giant short that's never going to happen.
What it is, you know, you get everybody in on
one side, something happens, They try to get out and
they can't, and you call the broker and he says
no bid. Then it goes down a bouthl points. You know,
I've seen it so many times. Japan Russia collapsed ninety eight. Uh,
It's just it's always the same thing. Back in eighty five, Uh,
it was, you know, the low in gold Uh you know,
I had Merl Lynch called me and said, look, we
will pay you your full hourly rate from the time
you get on a plane to the time you return
to teach this guy how to trade. And I said,
who the how is this? It was only over in
Geneva and he lost twenty five million dollars on one
day in Gold. Wow. And he was short and he
made the low. Basically he was the short that how
to get out. And uh so I've seen it so
many times. I mean I was doing a conference in Tokyo.
It was for institutions only, and this guy bribed him
right the hotel to get in. He came up to
me and he apologized, and he said that he just
had to talk to me. I said, what was so urgent?
And he brought fifty million dollars on the Japanese stock
market the very day of the high. And what I
found interesting was it was he was in his late
sixties and this was the first time he ever invested.
And I said, what made you buy it? He actually
bought the high, and he said the brokers had called
him for seven years and kept saying, look, thenk goes
up five percent every January, and he bought it. The
last day December, he made the high and lost, you know,
forty percent of his fifty million bucks. You know, I've
seen it. I've seen it so many times. You know
what happens is everybody gets caught up on one side,
bullish bearers, doesn't matter, and then some news happens or
whatever it is, and some people start to take profit
and that makes the market go down or up from
shorts or whatever. And then next thing you know, you
get in there and there's just no bid. When Russia
collapsed in ninety eight, all right, all the long term
capital management and all the banks, the hedge front. They're
all on the same trade. They try to get out
they could, So what happened that turned into a massive
liquidity crisis. They start selling everything else from stocks and currencies,
any other position. They had to raise money to cover
the losses in Russia, and so that became a huge,
you know, liquidity crisis, and that's when the FED had
to step in and actually bail out long term capital management.
It was a hedge fun not a bank. But you know,
it's always the same thing, and that's what we have
to understand. And I think the best way to visualize this,
it's a pendulum. It's wings to one extreme and then
its own weight brings it back the other way. And
it doesn't matter if you're talking about up or down
or whatever. Then you have the politicians who don't understand anything,
and market goes down, and then they want to outlaw
short selling when the shortest, the only one has the
courage to buy in a padic, Yeah, to go ahead,
eliminate him and then watch what you are you gonna
go down another thousand points.
Speaker 4: You know, it's.
Speaker 1: They just don't understand it. So we get to these
extremes back and fourth and this is it. I mean gold,
the same thing I said. Look, you know, you know
gold's going to go up eventually. We're going to look
at around the five thousand level. You just have to
go to these extremes, and when you get to that extreme,
then it reverses. But it does matter what market you're
looking at. You know, on our system, we develop what
it's called, we call it the Global market Watch, and
it has a comment for every market in the world
there but underneath the comment it has the number, and
that number is the pattern. And what I've seen is that,
you know, the theory I had was okay, fine, let
the computer catalog all of the patterns and it will
find in the same pattern in different markets. The commonality
is human nature. It doesn't matter what the instrument is.
So they're all trade the same.
Speaker 4: All right.
Speaker 3: So let's talk about first Ukraine call. That was highly controversial.
Basically you said the computer saying it's pretty much gonna disappear.
Speaker 4: Now, I don't know what that means.
Speaker 3: As a as a country or as a separate country.
Speaker 4: What do you think that means?
Speaker 1: Look, people think that, you know, like I'm anti Ukraine,
and it's exactly the opposite. For the Ukrainian people. They
had two employees there in Ukraine, one in Kieva, one
in dun Esk. It is the Neo cons that are
pushing war all the time. You had a piece deal
and Baris Johnson hops on the plane, goes over it
to Kiev and the zellin Ski is not allowed to
sign it. I mean, not even made the front page
of Provta. Look, you know they've done the same thing
in Romania. They Europe. The EU is perfectly willing to
sacrifice all the Eastern Europeans to reduce Russia. All right.
They want to conquer Russia. Period. Russia's got seventy five
trillion dollars worth of natural resources. It's the richest country
in the world. Hitler tried to do it, Napoleon tried
to do it, and I mean even Sweden tried to
do it back, you know, you know Peter the Great.
Most people don't realize that Russia was in nineteen seventeen
had the world's largest gold reserves, and somebody hid them.
They don't know where they're at. They didn't want the
Bolsheviks to get them, and so the rumor is that
they've been buried in a far to drop to the
bottom of a lake or something, but would probably make
like a movie like The Knight's Temporary, you know, trying
to find it. But you know, this is their agenda.
They don't care. I mean, when Zelenski ran for office,
he promised peace and you can google it Russia with
you know, favoring him. The death toll was one hundred
and thirty thousand. It's now over one point two million.
And what are they fighting for? That don Boss is
historically Russian. Even Breshneff was born there right right, And
you know, forget all the propaganda from the mainstream which
is just put out by the neil Kons. Look at
the timeline. You know, reorchestrated the twenty fourteen revolution. Victoria
Newlan was there handing out sandwiches, and you have gentlemen
McCain on the stage saying, overthrow your government. We're with you,
all right. And as soon as they did, Victoria Newland
and there was even a tape that she you know,
that got leaked out where she said, you know, f
the you know, the ego, and they stuck in their
own people and immediately instructed them to start the civil
war and attack the dumbas.
Speaker 3: Right.
Speaker 1: Look, I mean they don't care about the Ukrainian people. Uh,
you know this is I don't know what's wrong with
these people. We're seeing the same thing you got Lindsey
Graham saying, you know, go ahead and destroy all of Iran.
I mean there's ninety million people there. They I don't
know what it is with these They have no respect
for human life whatsoever. They just don't So Iran is
just another issue. But they're all connected. They've been orchestrating
these things for quite some time. The computer is showing
that Ukraine they will fight the the West is basically
telling them to keep fighting until there's no Ukrainian left. Uh.
Over eight million have fled the country. Our two employees
are in Berlin now and there's no nobody wants to
go back.
Speaker 3: Yeah. Mind so many people in Florida from Ukraine. It's amazing. Yeah,
it's becoming like little Kiev down in in Dade County, Miami,
Dade County, so y.
Speaker 1: Look, it's uh, I know, I bumped into a bunch
of them, my shelf. It's uh, you know, this is
what what you're looking at. And I don't see Ukraine surviving.
They had you know, look, they were independent, all right,
that was it. I mean, just because you know, the
Kovich was pro Russian versus EU. They had to overthrow
the government and then deliberately use this to start a war.
You've got the same thing going on with Iran. You
had Telsea Gabbert basically testify before Congress and say that
they're got eighteen months away from getting a nuclear bomb,
and you know, and then all of a sudden it's
it's urgent, We're going to do it right now. I
Mean the problem with this stuff is Iran has does
have uh, supersonic vessels. The only way you know, they
claim that they had, you know, domestic development of them,
et cetera. But most intelligent uh points to you know
that they were asisted by Russia. China gets about eighty
you know, eighty percent of all the oil from Iran. Right,
So if you take out Iran and this is not
about nuclear weapons, all right, this is regime change, you
get m hm. They decapitated basically the top leaders in
the government, and they wanted to even kill the you know,
the Supreme leader. Trump said no, uh, I mean this
is you know, it wasn't really just the nuclear stuff.
I mean they know that, Uh, Israel could not destroy that.
It's it's too deep. They don't have the missiles to
do that, all right. Uh, that takes the US to
do it, and they at the US to step in.
But the other thing was basically too for regime change.
And you have to question here, given their contact with
Russia and China, is it just another New Khan toy
uh to get us involved in another endless war.
Speaker 4: You know.
Speaker 1: And look met Yahoo. Many people don't realize, but he
went to school in Cheltenham, Pennsylvania. He grew up there
and visited the family of Bill Crystal, whose father Irving
started the whole Newo Khan movement.
Speaker 3: And Bill is still a member. And Bill was getting
millions of dollars this foundation from US aid.
Speaker 1: Yeah, exactly. Netan Yahoo is part of the Neo Khan movement,
all right. His popularity in Israel as of June of
last year was the last time I looked at it
was down to twenty nine percent. So he doesn't have
the the you know, the overwhelming majority of Israeli people
behind it either. So it's kind of like Zolenski, you know,
and he just won't have elections because he knows he
would lose. So I mean, I, in all honesty, I
think Trump has been played. He knew he was against
the neo CON's domestically like John Bolton, et cetera, Victoria Nulan.
I don't think he realized that just because net Yahoo
or bb is is the head of Israel, that that's different.
But he's part of the same crew.
Speaker 3: So we if we get word three here, or are
we going to pull back from the precipice? Now?
Speaker 1: Look the computer, Uh, the computer is showing volatility around
this globally, So it doesn't indicate that we're looking at
something isolated that's just going to stay with Iran and.
Speaker 3: Israel.
Speaker 1: Israel just trying to get the US involved. And at
the same time, I'm I I and skeptical whether Russia
and China would allow Iran to just simply completely fall apart. Uh.
It's it's really you know, we're pushing this up against
the edge again.
Speaker 4: Uh.
Speaker 1: Sources that I have have been saying that Zelenski was
conspiring with the Brits to use an old Soviet torpedo
to sink an American ship to blame it on on Russia.
M Uh. And the same thing you know, in with Iran,
false flags have been used to start wars all the time.
Hitler's you know, set fire to the right stack, you know,
to blame communists, which happened to be they thought going
after the Jews was that it was sold more of
a that you had Lenin and Trotsky were Jewish, so
communism was this Jewish conspiracy. Uh, and that's how they
kind of like started it. And then it's like you know,
the well the bankers were the Jews, and then like
you had Crystal Knock, et cetera. But it started in
and even in Ukraine. They were basically saying that communism
was this Jewish conspiracy. That's where we're kind of how
they sold it. And that's why he blamed the right
stock fire on the communist So you had you know,
you can look on Wikipedia. Uh, there's you know, Operation Northwoods.
Same thing they proposed to Kennedy to kill Americans and
blame it on Cuba to justify an evasion there, and
he rejected it. So they probably took him out, as
all the evidence is suggesting that the CIA took him
out because you wouldn't go into Vietnam. We just have
to understand it. And there was no weapons of mass destruction.
You can google it and you'll see that there were
investigations that FDR couldn't get us into World War two,
and so he set things up against the Japanese for
Pearl Harbor. And then they found out that we had,
you know, broken their code and knew about it in advance.
And I put on my site just two days before
and there was the Honolulu Tribune said we're going to
be attacked on the weekend, you know, And there was
a big Senate investigation on it. So obviously the conspiracy
theories were good enough to get a Senate It's investigation going.
And the conclusion is, well, we're not entirely short after
Yard knew we were going to be attacked in advance.
Speaker 4: All right, so.
Speaker 3: You know, you still adhering to your call for twenty
thirty two I think DAWs sixty two thousand.
Speaker 1: Yeah, Look, it's it's uh. All I can say is
that the more you keep this cret poking that were
dragging on one side and the bear on the other side,
I mean, this is not gonna end. Well never does now,
I mean what wars are you know, everybody always starts.
They think, oh, they're gonna win, and they're gonna it's
gonna be short, sweeting to the point they never.
Speaker 3: Are welcome us as a liberators on the streets right,
the s.
Speaker 4: A bagda right.
Speaker 1: My concern is that the computer basically does show World
War three and that it's englfing everything. And I can't
explain it, but it does seem as though there are contagions.
I mean this go. I mean, for example, Rome over
threw with uh it's king and five O nine B
state within the Pube Bathons overthrows as tyrant democracy is born,
American Revolution, George Washington's being you know, sworn in in
seventeen eighty nine. To French girl, that's a good idea,
and they're over the French revolution starts. I mean, these
things are common. You have tenements square within basically what
was the twenty six weeks the Berlin wolffalls it's and
what we're seeing right now it is kind of alarming
to me. Uh, you're even seeing wherever there were tensions
historical way between one group and another, they all seem
to be rising up again. We gave a handful of
of of jets to Greece and what what They even
made a statement that major front pages over there. Oh
now we can we can launch a surprise attack on Turkey.
I mean, that's the dispute between the two of them,
been going on since Alexander the Great. Uh, it's I mean,
we had offices over in Thailand, and all of a sudden,
Thailand is in a border dispute with Cambodia, India and Pakistan.
You everywhere you go Taiwan, North Korea versus the South
and Japan is you know, maybe the only place that
doesn't seem to be in complete chaos right now is
maybe in Africa and South America. That's about it. Yeah,
just give them time. It's that's I don't know how
to describe it other than it seems to be like
a contagion. Oh that's a good idea, you know. Yeah,
they pissed me off a long time ago. Let's go
get a id all. You had the former chairman of Germany, Bismarck,
in eighteen eighty a. He forecasted that Europe would be
in a major war and he said it's going to
come from the Balkans. He was, you know, premature in
nineteen fourteen to serve child in Austrian heir to the throne,
the arch duke, and boom you have War three, you know,
World War one. So I mean it's just I mean
that area is you know, Look, as I said, we
had employees in Ukraine, one from Kiev. We had we
had a conference and in Greece and she refused to
fly back to Fense this way simply because of how
to stop over a Moscow. The hatred there between Ukrainians
and Russians are It's just systemic. Same thing in the
Middle East. I mean, how do you solve this when
you're talking about religious disputes? Yeah, it's not an economic thing,
all right, fine, I'll give you this, you give me
that whatever it's. You know, Island is still split, you know,
north versus South between protesting Catholic go to England and
they still call it Catholic a pape in that's from
the Civil War sixteen forty nine. Well, it's religion. I
just I don't know if there is any solution. I know, honestly,
I just don't know.
Speaker 4: Couldn't agree with you more.
Speaker 3: Well, I think we'll leave it at that and just
everybody get the book The World.
Speaker 4: According to Martin.
Speaker 3: Armstrong, a lot of these forecasts are in there. A
lot of forecasts that have come true have are in
there as well. Finally, gold and silver, So you think
gold five thousand, Silver just broke thirty seven bucks. Where
is silver heading?
Speaker 1: Yeah? I mean, look, silver will eventually test a fifty
dollars level two. The thing to understand about precious metals
is that they do not go up with inflation that
is propaganda been sold around for a long time. They
go up with geopolitical concerns. That's why you see them rising.
You may see gold break out to the upside going
into July, mainly because this war with Iran does not
look like it's going to be settled. They look more
like it's going to be prolonged. So you don't just
be prepared. But I would say that that's what you're
really looking at it. You know, the precious metals are
a hedge against government. You don't know who's going to
win in a war, so you're based their cret go
in that direction, and.
Speaker 3: We need all the hedges we can get. Now, a
platinum was under one thousand for years. Now it's in
the twelve hundreds. It's a tiny market. It's not really
reflective of the other markets. There's in dustrial uses catalytic converters.
But historically platinum always traded for more than gold. Are
we going to see that again?
Speaker 1: Maybe not, because it is more on the industrial side
and most of your supply actually comes out of Russia.
Russia is actually the only country that given issued coins
in platinum, and they were always the most expensive, the
highest denominations over and above gold. But look with with
war expanding, and the real problem I should say about
the Middle East is that if this turns more into
a religious dispute, all right, you have already sent an
awful lot of people from this region, Syria, et cetera,
into York, and it wasn't to assimilate. They have retained
their distinct cultures, etc. And this turns into more of
a jihad. Our computer is not looking very favorably on York.
You're looking at a lot of civil ration in most
of the major cities.
Speaker 4: Amazing.
Speaker 3: All right, Well, we got the word directly from Martin Armstrong.
Speaker 4: Again.
Speaker 3: The book is the world according to Martin Armstrong conversations
with the Master Forecaster. The link is in the description
to buy the book, and like I said, we sold
the phenomenal number now considering I'm an independent publisher, self published,
no publishing house, no PR and nothing, just the truth
and the videos.
Speaker 4: So go buy it.
Speaker 3: If you've got a question for Martin or myself, please
shoot me an email. Klatcarrieluts dot com. Make sure you
go to Martin's site sign up for his notifications, his
daily emails Armstrong Economics dot com. Martin, we'll talk to
you again soon.
Speaker 4: Thanks for coming on.
Speaker 1: Oh, thank you for inviting me. Take care over there.
Speaker 2: Thanks for listening to Carrie Letz's Financial Survival Network, your
solution to today's trying times. For the latest, go to
Financial Survivalnetwork dot com. Financial Survival Network now more than
ever