wave 2? bottoming
#51
Posted 30 March 2014 - 07:34 PM
#53
Posted 31 March 2014 - 12:51 AM
Mr. A has also said that Gold will not really take off until interest rates go up strongly. Its all about confidence, gold will move up when confidence in the system is lost. We are going to live major history as he has said.
Edited by Russ, 31 March 2014 - 12:55 AM.
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#54
Posted 31 March 2014 - 09:31 AM
#55
Posted 31 March 2014 - 09:40 AM
#56
Posted 31 March 2014 - 10:32 AM
#57
Posted 31 March 2014 - 10:45 AM
gold close to new lows and silver's rally looks clearly corrective so new lows appear in the cards, if we don't hold gold 1280-1285 then 1260-1265 would appear likely, marginal new metal lows with miners not confirming would be a bullish positive "IF" it occurs
Senor
That's exactly what I'm looking for. But, having said that, technically GDX has to move above 27 to get a green light.
#58
Posted 31 March 2014 - 10:47 AM
johngeorge
#59
Posted 31 March 2014 - 11:14 AM
it looks to me like gld made new lows , oversold and diverging, while gdx and gdxj did not.gold close to new lows and silver's rally looks clearly corrective so new lows appear in the cards, if we don't hold gold 1280-1285 then 1260-1265 would appear likely, marginal new metal lows with miners not confirming would be a bullish positive "IF" it occurs
Senor
it would not surprise me to see gold rally and silver languish. silver will respond to inflation
gold will respond to inflation, war, political turmoil, monetary problems etc
dharma
#60
Posted 31 March 2014 - 11:22 AM
Here's an important chart I did, it shows that US bonds will hit a big low in late 2015 to early 2016, meaning interest rates going up lots and government finding it hard to service debt which as Armstrong says is going to lead to civil unrest as people realize they don't have a pension, that the banksters and their politicians have gutted the people's trust. Very sad.
Mr. A has also said that Gold will not really take off until interest rates go up strongly. Its all about confidence, gold will move up when confidence in the system is lost. We are going to live major history as he has said.
Does that mean i still have a couple of years to make $ on bonds?