Member
Posted 13 November 2016 - 08:18 PM
Last January's low was actually a no-brainer looking at the gold stock internals...
Yes and the coming low not so easy to predict. That's because we have a few failed short term cycles on had at the moment.
I always like to combine several methods to line up a buy.
Member
Posted 13 November 2016 - 08:33 PM
one other thing i am thinking about guys is dec 1 is a bradley turn. i am just wondering if we are heading into a massive market top in the sp as in the end of the bull market
which would certainly provide an impetus for gold i think lots of possibilities here
Member
Posted 13 November 2016 - 11:44 PM
I am seeing a major high for the Dow in 2020 which is odd since Armstrong's PI cycle model usually produces a low for the stock market as the confidence model bottoms (this time in 2020). Armstrong thinks the stock market is going to surge much higher as capital seeks a safe place to park (phase transition) as the bond rally since 1980 crashes which is going to lead to the "biggest depression in hundreds of years"... I am also seeing a huge low for the Dow industrials going into 2060-2070, this is the great depression Armstrong is predicting, the chart is very clear and dramatic with data going back to 1915.
It looks like we are going to go through THE hurricane of markets. Gold will really take off when confidence in governments is lost which a bond market crash would produce since the vast majority of societies money is in the bond markets, so Gold can go up with the stock market. Armstrong does not think the USA will survive after the major 309.6, 51.6 and 8.6 year pi cycles peak in 2032.95, he has stated he hopes he is dead by then as thinks will turn ugly.
one other thing i am thinking about guys is dec 1 is a bradley turn. i am just wondering if we are heading into a massive market top in the sp as in the end of the bull market
which would certainly provide an impetus for gold i think lots of possibilities here
Edited by Russ, 13 November 2016 - 11:46 PM.
Member
Posted 14 November 2016 - 07:26 AM
Russ, I have that 2020 date as a major low. We are heading for a multi-year bear market once the US markets top. I had expected that major top to arrive late next year. Now not so sure.
It is pretty much in the hands of the bond markets from here IMO.
cheers,
john
Member
Posted 14 November 2016 - 08:42 AM
This is what is going to propel Gold much higher, the breakout of the downtrend in interest rates since 1980 which looks to have started with the double bottom, 2017 Armstrong's 'year from hell' should be the start of the breakout going into 2020....
