4036 replies to this topic

[Russ]

 

I have some different stuff from Armstrong.

 

He is saying that only a quarterly closing this quarter below 1705 warns of a serious decine ahead... 

 

there are 9 trading days left in this quarter.

 

 

This quarter turning piont,  next quarter direction change...  and then entire 2023 year a panic cycle in gold price (most likely due to international war)

 

 

 

Armstrong thinks gold and general stock markets go down into the end of the year, possibly gold 1500ish, if oil closes above 99 a barrel year end, it will go to over 200 in 2023. 2023 will be the "year from hell". 

 

Well he just said it or agreed to it 3 days ago and it is not just war, Europe will have their debt crisis starting next year and going into 2024, they are going to default on decades of debt from keeping socialism going and want war as a distraction to stop citizens coming after the elite with pitch forks.... https://mikesmoneyta.../complete-show/

Edited by Russ, 19 September 2022 - 10:18 PM.

[dharma]

https://twitter.com/...782700936151041

does the credit system lock up? does the fed tighten too far.  

dharma

[CHAx]

national average mortgage rates approaching 6.5%.   Goodbye housing prices.   Setting up an epic crash here if the Fed doesn't pivot back to buying mortgages.  Fed needs to hint at Yield Curve Control or things are going to get ugly in a hurry.

[linrom1]

Bigggest irony is that DXY is behaving like we all thought gold would. I think retail is buying miners here, so we should go much lower?

[dharma]

this is a signal. headlines front page

https://twitter.com/...ZJCgrB-Gyt5An1A

dharma

[Smithy]

Seems the Fed will keep raising rates until something breaks. I'm guessing that will be the stock market, although it could be a rising USD wreaking havoc in world markets.

[Russ]

Bigggest irony is that DXY is behaving like we all thought gold would. I think retail is buying miners here, so we should go much lower?

Nenner's target is in pink, Armstrong's is in light blue on the Dollar chart.... 

[dougie]

AG chart is interesting to be sure

[senorBS]

XGD Aussie miners more and continuing technical divergences daily and weekly into last night's new decline lows, one rarely sees this level of "potential divergences", either we explode out of here (same analysis for U.S. metals/miners IMO) or crash - very little in-between IMO, I favor a major low forming here. Bout 22% long at this time, as always DYODD

 

Senor

[Smithy]

Gold bearish