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.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"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/