"It's Just Time", The Decline & Fall of the United States?

Martin Armstrong's New Essay "It's Just Time"Martin Armstrong has spent almost nine years in prison for contempt of court, more years than if he had been actually convicted of securities fraud. It's a disturbing tale of injustice involving one of the greatest economic and market minds of our time.

I ran across Martin's work in my original studies of market and economic cycles after the NASDAQ bubble began to burst. While I didn't know it at the time, his Economic Confidence Model encapsulated all the cycles from Kitchin's to Kondrateiff's and could predict market turns almost to the day. I was fascinated enough to cut and past a copy of his article, "The Business Cycle And The Future" from his Princeton Economics web site. Little did I know that nine years later, Martin would be in jail and my blog would be one of the last public sources of his Business Cycle essay.

Martin's economic work should have received a Nobel prize by now. Instead, the man is relegated to recording his thoughts on a single-spaced, IBM type writer from prison.

In the first part of his new essay, Martin provides a deeper explanation of his economic cycle theories. Traders and investors will be fascinated by his elaboration of the 8.6 month internal cycle, his 224 year political cycle and the 37.33 Month cycle frequency. He also explains the inter-relationship between the shorter 8.6 month cycle and the longer cycles which are currently dominating the economic and market landscape. Finally, Martin offers a brief glimpse into a previously undisclosed volatility cycle called the Schema Frequency.

The second part of the essay is wide ranging and sometimes difficult to comprehend. In it Martin makes references to his own plight while implicating numerous international political and financial figures in a grand conspiracy. I have no way of judging the veracity of Martin's theories as to why he has been jailed for nine years on contempt of court. His tale is a mix of "Three Days of the Condor" meets "The Man Who Knew Too Much." What I do know is that the facts surrounding his jailing are as unimaginable and unbelievable as the accuracy of his models and predictions. For the sake of the nation's economic well being, his thoughts should be heard by the new Administration not from behind a jail cell, but face to face in the Oval office. →