What drove gold up to 850 dollars in the late 1970's was War as Martin Armstrong has pointed out and his computer is now predicting WWIII may start in 2024, Jan/Feb, July or Sept. 3/4 are potential dates. Martin Armstrong's AI computer is showing the potential for WWIII to break out with Jan/Feb, July, and Sept 3/4, 2024 being possible dates. The timing Arrays below are showing July for a panic cycle in the US Dow/Gold Ratio, meaning the price of gold could skyrocket and as happened in the late 1970's when Russia invaded Afghanistan it was War that caused gold to spike up to over 800 dollars an ounce back then.
#11
Posted 26 January 2024 - 04:26 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/
#12
Posted 11 February 2024 - 11:47 AM
A quick update: precious metals stocks continue to trend to the downside.
Look for the price of gold to move down and through trading range support sooner than later.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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#13
Posted 01 April 2024 - 08:04 AM
Pssst...we finally got a Precious Metals BPI buy signal this past weekend for the first time since November of 2022.
Breadth of market, as well as, excess liquidity levels are also improving.
Note that the time scale with the included chart has now been adjusted to be provide better analytical value moving forward.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions