All posts in "Gold"
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Rise in the Euro – Interesting Times Ahead

By admin / June 26, 2019

QUESTION: Was not this move you have been talking about to happen right after the EP elections? What has changed? “While everyone will focus on interest rates, at the end of the summer we will see a refocus back on the structural problems in the Euro.” SM ANSWER: Nothing. What is happening is that we […]

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PRIVATE BLOG – Gold Hits $1432 

By admin / June 25, 2019

PRIVATE BLOG – Gold Hits $1432  Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/

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Market Talk – June 24, 2019

By admin / June 24, 2019

ASIA / AUSTRALIA: The Chinese foreign minister has stated that they will “not allow” the G20 to discuss matters regarding Hong Kong. Recently, Hong Kong overruled a previous ruling that allowed Chinese extradition. Over the weekend, Chinese Vice Commerce Minister Wang Shouwen requested that the U.S. stop their inappropriate tariffs and actions against Chinese companies. […]

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PRIVATE BLOG – Gold Hits $1421 

By admin / June 24, 2019

PRIVATE BLOG – Gold Hits $1421  Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/

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Socrates & Gold

By admin / June 24, 2019

COMMENT: Mr. Armstrong; I want to salute you on creating Socrates. Its forecast on gold was remarkable. When gold was starting to breakout on May 31, Socrates wrote concerning your breakout points: We did close below the previous session’s Intraday Projected Breakout Resistance indicator which was 129370 settling at 129240 gesturing that the market is […]

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Market Talk – June 21, 2019

By admin / June 21, 2019

ASIA / AUSTRALIA: The US has added five more Chinese companies to a US blacklist that restricts US companies from dealing with the companies on the list. Of those included on the list is a Chinese government-owned supercomputing company, with military applications and dealing with national security. The companies “pose a significant risk of being […]

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PRIVATE BLOG – Gold reached $1415.40 

By admin / June 21, 2019

PRIVATE BLOG – Gold reached $1415.40  Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/

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Gold & War

By admin / June 21, 2019

QUESTION: Mr. Armstrong; you are the only person who forecasts gold without bias. How will gold respond to the war rattling with Iran? PD ANSWER: They will always paint gold as the a never ending bull market in the face of war. Perhaps us old-time traders learned the hard way – buy the rumor but […]

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Market Talk – June 20, 2019

By admin / June 20, 2019

ASIA / AUSTRALIA: North Korean leader Kim Jong Un will hold talks with Chinese President Xi. President Xi arrived in North Korea’s capital, Pyongyang, in the first state visit in 14 years. The main topics reportedly will be nuclear armaments and trade. Interesting timing given both are in the midst of US negotiations in way […]

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Iran Shoots Down US Drone Wednesday Night NY Time

By admin / June 20, 2019

The news of Iran downing a US drone was circulating in the Middle East before it hit the news wires. It was actually shot down at 7:35 pm New York time on Wednesday night, giving time for the pop in gold. The U.S. Central Command leaders said the attack was “unprovoked” and it took place […]

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