Re: Gut Check Time
in response to
by
posted on
Apr 12, 2013 11:33AM
Sadly, the gold market has broken down according to Martin Armstrong. In past articles he has stated that if gold breaks below $1530 or so that it could enentually sell down to the $1100 area. All along he has been spot on with his opinion of gold based on cycles and technical analysis. This man is totally unemotional and calls it the way it is.
Concerning Probe, folks like Paul Van Eden say the commodity price of a new expanding project is not as important as the product price of the metals they will eventually be selling as long as potential reserves continue to expand. Even though gold is being smashed today, Probe shareholders have so much more going for them than the price of the metal that other pm shareholders should be quit envious of their derserved comfort level.
Folks should try and see if they can get on Armstrong Economics' webpage and subscribe to his no cost daily updates for a continuing education in adition to the precious metals.