19 replies to this topic

[Russ]

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.

"Ukraine is desperate. It cannot win on the battlefield, and Victoria Nuland’s sister-in-law, who runs the Institute for the Study of War (ISW), is the source of all the propaganda that keeps painting Russia as weak to get the West to attack it. Ukraine is now using drones and long-range missiles, violating the air space of NATO with no concern, and attacking an oil refinery in Finland. Now, they attacked a refinery in southern Russia. It was the Ukrainians that destroyed Nord Stream. The hardliners in Russia say they are correct and they should have nuked Kyiv.

They are now so desperate they are trying to get Russia to attack NATO air space because Ukraine has free access. Even Jamie Diamond has admitted that Trump was correct about NATO – terminate it.

These people are absolutely desperate to start World War III, and people like Nuland will never go on the front line. She is like the terrorists who send kids to blow themselves up when they would never do that.

[Sources have confirmed that if war with NATO unfolds, it will turn nuclear. The standard strategy would be to have a sub off the coast of Europe and take out NATO headquarters. Brussels if not also Frankfurt, before anyone could respond.]

This is the world Nuland and her ISW are trying to create. This woman should be in prison."

Armstrong's computer predicted the breakup of the Soviet Union, Brexit, the election of a Trump outsider politician 3 decades before it happened and the Ukraine War a decade before it started.

 

 

 

 

[fib_1618]

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

[fib_1618]

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

[fib_1618]

The upside price objective of ~$2465, that was given back on March 8th, was finally met last Tuesday at $2467.80. With silver. platinum and copper not confirming gold's price highs, along with no new upside price targets given, traders should use something like the Parabolic SAR indicator as a solid stop on any open long positions.

 

Fib

[dougie]

good call fib

[beta]

The upside price objective of ~$2465, that was given back on March 8th, was finally met last Tuesday at $2467.80. With silver. platinum and copper not confirming gold's price highs, along with no new upside price targets given, traders should use something like the Parabolic SAR indicator as a solid stop on any open long positions.

 

Fib

 

Yes, extremely good call.  Understanding TA is better than gold in these unprecedented times ...

[fib_1618]

Just a quick note for the gold bugs that we got a new longer term price target for gold with Friday's strong performance to approximately the $4600 level. Of course, in this business, the time value on when this will happen is fluid, but there's enough energy now in this commodity to reach this objective.

 

Now...on the negative side, both silver and platinum are still not singing the same tune, so much of this is likely due to currency valuations and/or geopolitical issues. But for now, as interest rates go lower, the price of gold will have underlying fundamental support to continue to go higher until proven otherwise.

 

Fib

[beta]

Edited by beta, 23 September 2024 - 11:39 PM.

[dougie]

Just a quick note for the gold bugs that we got a new longer term price target for gold with Friday's strong performance to approximately the $4600 level. Of course, in this business, the time value on when this will happen is fluid, but there's enough energy now in this commodity to reach this objective.

 

Now...on the negative side, both silver and platinum are still not singing the same tune, so much of this is likely due to currency valuations and/or geopolitical issues. But for now, as interest rates go lower, the price of gold will have underlying fundamental support to continue to go higher until proven otherwise.

 

Fib

from your lips to...

[dougie]

what does Monthly Gold silver ratio