Gold Crashing June 16, 2016

GOLD-Text

QUESTION: Marty; This pop in gold smells like another manipulation. Everyone was saying Soros is selling everything and buying gold. They seem to have gotten the bugs buying with two hands again and they sold it to them. When will these games end? Ever?

ANSWER: No professional trader would EVER divulge his position unless he was trying to exit. Gold did not exceed the technical analysis resistance. It is so easy to get these people to buy the highs every time. That is how manipulations have always worked. They are to the upside, not to the downside. They need volume to make a profit, and never to simply suppress a market with no volume and no profit.

We exceeded the 2015 high which can be positive long-term, but it can also be the kiss of death. Watch the video. The Reversals will always define what is real and what is fake. Just watch the key numbers.

Latest Posts

Half of Americans Want Mass Deportations

https://www.armstrongeconomics.com/wp-content/uploads/2024/03/BidenApologizesMigrants.mp4 Inflation and migration are two major issues trending before the elections. A new Axios Vibes survey by The Harris Poll found that half (51%) of Americans want illegal immigrants [...]
Read more

Beware of 2025

QUESTION: Hi Martin, What are you thoughts on holding cash into 2028? You said cash was king, but there would come a time to abandon cash. It seems this CBDC thing is [...]
Read more

Google’s AI – No Really AI

https://www.armstrongeconomics.com/wp-content/uploads/2024/04/Google-AI-Questionable.mp4   On Instagram Real AI is not biased. What is being presented as AI is merely clever programming that is steering people into a predetermined conclusion – that is [...]
Read more