2032 is Armstrong's Major 309.6 year Pi Cycle date, after that western civilization will crash and burn with the United States, Canada and Europe breaking up by 2034... The financial center of the world will move to China in that time and a floating Gold currency for international trade would work the best after the Dollar is done.
US Debt will be defaulted on in 2028 he also says. In fairness to Don Wolanchuk (da_cheif ) and some others on this board their bullishness has also been right on.
Armstrong: "My January 2020 interview with Andrew McCreath from BNN Bloomberg came up in recent conversation, and I was asked how I knew then that we’d be where we were at now. My answer is the same — I just follow the models. Some unfamiliar with my work merely looked at the headline “DOW 40,000” and dismissed my forecast as if it were my personal opinion. The Dow was 29240 on the day of the interview and while many feared a correction was coming I explained any dip was likely short-term in nature that that it would need to drop below 19000 to be truly considered a bear market and – BUT that fell on deaf ears."
My chart shows the 65k top will come right at the Apex of the wedge, the long CCI set at 300 months at the top has a ways to go to equal the 1929 and 1987 peaks.
