Who is Martin Armstrong and What is the Princeton Economic Institute?
Martin Armstrong is the former chairman of Princeton Economics International Ltd. As a teenager, Armstrong worked at a rare stamp and coin dealership and became a millionaire at age 15. Then he opened his own store at age 21. After studying historical gold prices, he developed a cyclical theory of commodity prices and began a company, Economic Consultants of Princeton. The Commodity Futures Trading Commission filed multiple complaints about this company, finding that it failed to maintain adequate records, misstated performance results, and was not properly registered. During this time, he continued to collect gold & antiquities which would later become a major bone of contention with the New York State justice system. Armstrong was a frequent contributor to academic journals and was often sought for comment on financial topics. As an investor, he claims that his market timing approach predicted both the high-water mark of the Nikkei in 1989, months ahead of time, and also the July 20,
