Wednesday , 24 July 2024

Martin Armstrong: The Next Wave Begins June 13th, 2011

We are approaching the end of the current 8.6 year wave come June 13th, 2011. What awaits us on the other side is a change in the overall trend.  [Let me explain what is developing.] Words: 420

So says Martin A. Armstrong ( in an article* which Lorimer Wilson, editor of, has reformatted and edited […] below for the sake of clarity and brevity to ensure a fast and easy read. (Please note that this paragraph must be included in any article re-posting to avoid copyright infringement.) Armstrong goes on to say:

When we approached the same turning point in 1985.65, (see below) Princeton Economics International took full page advertisements…in the Economist… warning that there would be a change back to inflation and that the steep economic decline that followed the insane peak in interest rates during 1981 was over. 

We are approaching the nadir on the Economic Confidence Model….Understanding that we face a very important change in trend on June 13th, 2011 (2011.45) is vital to our future.


There is no chance in hell that everyone would ever follow one cycle….So what we have to comprehend is, as illustrated below, there are normal business cycle patterns that are distinct with clear traits, and then there is the rogue tsunami wave.

This is the wave that creates the Bubble Tops and reflects deep capital concentration. This is the wave formation that brings the house down. This is the wave that hit in 1929, and in Tokyo in 1989. It is the spike wave that is a PHASE TRANSITION whereby there is a price doubling in the last stage. We even saw this in gold and silver going into 1980. Gold rallied from $103 to $400 between 1976 and 1979. Then in the last few moments, gold blasted from the $400 level in December 1979 peaking at $875 on January 21st, 1980. We saw a similar pattern doubling in price in the Nikkei 225 in Tokyo.

These are patterns that are typical and universal. They are incredibly important to understand for they are the difference between emotional forecasts and real forecasting. If you do not have the experience, it is hard to see things rationally in times of such extreme price movements…


Editor’s Note:

  • The above article consists of reformatted edited excerpts from the original for the sake of brevity, clarity and to ensure a fast and easy read. The author’s views and conclusions are unaltered.
  • Permission to reprint in whole or in part is gladly granted, provided full credit is given as per paragraph 2 above.
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