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Message: Re: What I Don't Undestand
3
Mar 13, 2015 05:45PM
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Mar 13, 2015 08:21PM
What I seem to be reading in Armstrong's comments is that there are so very many variables impacting the markets now, that anything could change the overall picture depending on the variables a particular individual in a particular market is working with. The US Dollar is in a parabolic move at a time when the United States is about to be shuffled off to the back pages of the history books. The day the parabolic move in the dollar stops, and it WILL stop....possibly with a violent turn south....gold, in terms of US Dollars, will probably be a very exciting thing to watch. If I am reading between the lines on the most recent Armstrong piece posted here, Martin seems to be hedging his bets with verbiage that seems to indicate "anything could happen on any day, so keep watch". It seems like he is saying that if any combination of his indicators changes in a particular way his recommendation on the timing of the turn could change. It is somewhat similar to Gary Savage throwing up his hands (figuratively) saying, basically, that the current forces in the precious metals markets are making it hard to make a call. When analysts are throwing up their hands, it usually means we are near a big move.....let's hope the move is NORTH
3
Mar 14, 2015 06:34AM
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