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.
Just a Word of CautionDiscipline
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
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.
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