QUESTION: Martin, You have said on multiple occasions, that gold will only rise when the Market loses confidence in the Gov’t.This Mid-Benchmark Rally you note here in this article.is this a temporary blip???, temporary rally???, that will still pop and … →
Gold is slowly and begrudgingly moving to test the key resistance. We need a weekly closing ABOVE 1143 to push higher. The band of resistance begins at the 1156 level followed by 1170, 1175, 1184 and 1208. Only a weekly … →
1931 COMMENT: Every gold analyst says you are wrong and that gold stocks rose during the Great Depression as the only hedge. Would you care to comment. I bet not. REPLY: Some of these people are not interested in the … →
QUESTION: Mr. Armstrong, Mining ran a chart of the gold/oil ratio pointing out that conventional wisdom has placed the two together on the theory that rising oil prices push up inflation increasing demand for gold as a hedge. You have … →
Naturally, the gold promoters are out in force. The problem with their theories has always been that they are dead wrong. The REAL BULL MARKET will see the metals rise with equities. Right now, they focus on the stock market … →
To some, this is a religious battle. To others, it is just a time to rip off a lot of people by selling fantasies and sophistry. I have stated this many times, so here it goes again: Gold rises when … →
Deutsche Bank sold off its gold storage facility in London as it continues to exit from the financial markets and contracts back to being a core bank. The gold vault was bought by the world’s largest bank in terms of … →
The goldbugs spun the tail that China was going to save them by making gold $50,000-$100,000 an ounce because money, in their minds, has to be tangible. However, China’s $3 trillion-plus in foreign currency reserves was the biggest stockpile in … →
The Holiday Schedule is below. The closing for our models will be TODAY and for the most part this will be a full normal day. We are hovering around our year-end numbers in many markets from gold and the … →