Cognitive Dissonance and Uranuim Stocks / Martin Armstrong

[onlooker]

JDH

I like reading your psychobabble and your previous stories given in Story Time with JDH because I can relate to them. 

Back in February 14, 2009, scholarly Sidewinder introduced to your “anything financial goes” forum, an intriguing study dated October 10, 2008 by Martin Armstrong.  Unlike your articles, Armstrong’s financial writings are not an easy read.  However, his description of the waterfall effect on equities is one item which struck a familiar core in me.
 
I am Canadian, and I have worked abroad in Asia.   
 
I participated in the 1990s “Asian economic miracle”.  I saw the effects of the July 1997 Asian financial crisis.  When it happened, my Asian co-workers watched helplessly as their equities, properties, goods produced -  suddenly, quietly, and within a short time span, devalued.

Fast forward to this side of the world, and 2009. 

The swiftness and abruptness of the Asian financial crisis reminds me that it is possible for the upcoming April 19 to be the start date for Armstrong’s dire economic predictions to become reality.  A low, low closing number for the DOW.

We will soon know if Armstrong’s articles are just long-winded economicbabble; or yipes, that he truly is a financial savant.   

And, speaking of cognitive dissonance, mine is with gold.  If and when all financial things devalue, I worry that gold will illogically and inexplicably also devalue, instead of separating from them and floating upwards.                    .

Still, I am long on CEF.a, and Canadian dollars.