2512 replies to this topic

[Russ]

Um the bulls are in control. My signal which I posted on here quite a while ago called for a strong turn today... 

[dougie]

dang Russ. nice signal

[Russ]

dang Russ. nice signal

Thanks Dougie, I was starting to doubt I was going to be right with Senor selling everything and people talking about the commercials going short, but here we are and boom!  I put most of my money into NUGT around 43 (where the green line is on the chart) it looks to me like a huge bull flag is breaking out, also on GDX. 

 

[Russ]

Also have to give full credit to Eric Hadik who predicted that the end of Sept. would be the low in gold. 

[dougie]

well we are not out of the woods quite  yet here but i think you were right

[gannman]

look at the perfect spike bottom in slv beautiful 

[Russ]

It's the 1970's all over again with inflation surging into 2034, but this time it will lead to what Martin Armstrong calls the "crash and burn" of the whole system, civil war and breakup of the United States, Canada and probably Europe. https://www.armstron...rise-into-2034/

[Russ]

well we are not out of the woods quite  yet here but i think you were right

When will Gold be out of the woods? Above $2000?  If so you will leave a lot of money on the table if you wait that long.

[jabat]

By Avi

Metals:

This break out is what I wanted to see to take the potential for that bigger decline off the charts.  The bigger downside impulsive structure has broken, and we have potential to begin a new bullish trend.  But, I am still going to need to see a i-ii structure develop, and only after we break out over whatever high we develop in wave i will I take an aggressive position on the long side in the complex. 

[Smithy]

Russ, Armstrong used to have Dec 2032 as his Pi date for the peak, now it's 2034. Very curious.

 

 

His econ cycle date for 18 Jan 2020, while 6 weeks early, was nonetheless brilliant.