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Gold Investment: A perspective from legendary Martin Armstrong

Gold Investment - 10 October 2011

Martin Armstrong has a knack for business, and this is evident in his biography. Armstrong was born in 1949 to a father who served under General Patton as a Lieutenant Colonel in WWII. On the advice of his father, Armstrong started out in the world of computers in the sixties. He was a millionaire by the time he was 15 thanks to his involvement in working for a coin and stamp dealer. By the time Armstrong was 21, he owned his own store. He then went onto to qualify as an engineer in computer software and hardware. After that he resumed trading in gold as he had done while still at school.

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Invest in precious metals today! Contact us for details.

Armstrong developed a passion for historic gold prices and spent much time studying this. He went onto develop a cyclical theory of commodity prices. Thereafter, Armstrong created his company, Economic Consultants of Princeton. Eventually, silver was removed from coins, and gold was used as a trade vehicle in England. By 1971, the gold standard collapsed and by 1975, it became legal to trade gold in the form of bullion.

Invest in precious metals today! Contact us for details.

Invest in precious metals today! Contact us for details.

It is worthwhile paying attention to Armstrong's feeling on the current situation as he clearly has plenty experience in the world of gold trading. Armstrong has created timing models and his predictions have always been spot on. His company is represented in Australia, Sydney, Hong Kong, Tokyo, London and Paris. He has advised many banks around the world and was instrumental in advising the Central Bank in Beijing during the Asian Currency Crisis.

 

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