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    Martin A. Armstrong

    American self-taught economic forecaster

    Martin A. Armstrong

    Born

    Martin Arthur Armstrong


    (1949-11-01) November 1, 1949 (age 75)

    New Jersey

    NationalityAmerican
    OccupationForecaster
    Known forEconomic Confidence Model

    Martin Arthur Armstrong (born November 1, 1949) is an American self-taught[1]economic forecaster and convicted felon who spent 11 years in jail for cheating investors out of $700 million and hiding $15 million in assets from regulators.[1]

    Career

    At age thirteen, Armstrong began working at a coin and stamp dealership in Pennsauken, New Jersey.

    At age fifteen he bought a bag of rare Canadian pennies that for a brief period would have made him a millionaire, had he sold them before they crashed in value.[2] After becoming the manager of his employer's store at the age of twenty-one, he and a partner opened a store for coin and stamp collectors.[3] Armstrong prog