When Gartman goes long gold, beware short term. Then we have Martin Armstrong (from MIDAS) : “He expects gold to fall anywhere to from $1150 and $975. But the down move will be over by August 1. Somewhat in line time-wise with what the London trader mentioned many months ago. … Does not expect any gold fireworks until 2015.

… but Armstrong has nailed the move down in the price of gold since last fall. It has been purely conjecture among one of GATA's staunchest colleagues that Armstrong was let in on what was coming re gold. And, as part of his release, he would be called on to help time the bombing, via his major league clients following his advice… Martin A was let out of jail at the top of the gold market in 2011…Never thought too much about it, UNTIL he mentioned on Saturday how he has communication with the Fed. Now, that really is bizarre.”

The ‘London trader’, who is alluded to, has been spot on, and previously stated gold to move this Fall … pick your spots .. Armstrong or the ‘stalker’. I’m going with the stalker. I think Armstrong is promoting for the Fed. now and what they want to happen. I think the cartel will soon lose control and that this Fall we will see gold rising from under the surface to break free … the old ‘beach ball’ analogy may finally relate.