Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
THX 1138
on 17/01/2016, 15:19:45 UTC
double bottom below $1000 in March
Than one more time on 2017...

...I believe Armstrong's timing for a gold low is roughly March, if that has not changed since his earlier gold reports. We will have to see if Bitcoin follows gold down in a liquidity crisis event or not. Right now everything sure seems to be quiet in the global markets, but maybe the quiet precedes the storm.

So yes Armstrong could end up being wrong about gold and I could even be further wrong about Bitcoin following gold down. So shorting is risky...

EDIT:


...And gold is going to < $700 by end of Q1 2016...


You mention "...a gold low.." So, in your judgement, and while aknowledging the uncertainty, do you imagine a single low / bottom by end of Q1 2016, or double low / bottom by end of 2017?