Martin Armstrong--The Timing of Gold's Bottom and Its Rally Starting "2015.75"
posted on
Mar 10, 2015 06:25PM
I asked a friend of mine,who's studying Martin Armstrong's publications, when does Armstrong see gold bottoming this year...Here's his fascinating response...."There was no "bottom" provided....................
Just the date 2015.75 which indicates that the cycle will reverse for gold.......................
Coincidentally, a lot of bonds from the US and EU have will mature on that date and thus be rolled over. I think this is what his computer's unearthed......................
Here is what I think (but don't know) is going to happen: I think those markets will be in a shock when there is no bid for those bonds. That will worry the remaining holders of the bonds and we will see QE unleashed again. Then it will set in to investors that gold is going higher. Then more questions get asked.......................
1) why didn't they get bids?....
2) when does the QE end?......
3) why don't they raise interest rates...........................
All great for gold. All very scary stuff.