Quote from: iamnotback on July 08, 2016, 06:15:30 PM

Quote from: John999 on July 08, 2016, 05:31:21 PM

Quote from: iamnotback on July 07, 2016, 11:40:55 AM

Quote from: aminorex on July 07, 2016, 08:01:56 AM

Quote from: libertad on July 06, 2016, 01:44:17 AM

Is MA still calling for gold to drop below $900? That call doesn't seem likely at this time.

Actually I think that was one of his best calls. Came pretty darn close, at the bottom.

$1050 was the first target. We hit that.

MA stated it was possible for gold to decline further to $850 or even as low as $680, but this would depend on the reversal system. Just recently gold moved above the critical $1362 level, so it appears the lower lows scenario is no longer a possibility or at least we have rally period first.

The potential reason for gold to decline is when the stampede into the USD and US stocks begins in earnest (once it is clear that Europe is totally fucked), this could cause move out of anti-dollar assets such as gold and even Bitcoin. We could be seeing a bounce in gold because the outcome for the USA is still murky until after Trump wins and also because it is not clear yet to the mainstream that Europe has come off the rails. Thus indecision and move to gold instead of chasing the herd into the USD and US stocks, which will instead come later probably Q1 2017 or so, as MA has been indicating lately.

Also there rumblings out of Europe and also Trump about cracking down on regulating Bitcoin and the other means of sidestepping taxes and regulation. So that is another possible reason these assets could take a blow as capital controls are enacted and the USD and US stocks present a more sane alternative.

So it was pretty much another of his "if it doesn't go down it will go up" call.

For disingenuous idiots (or jackass if it just intentional not due to lack of intellect) yes that is all you are going to see because you apparently can't read nor handle complex thought processes:

Quote from: iamnotback on July 08, 2016, 03:01:22 PM

Must read.

Btw, note you are ignoring that he told everyone far in advance of golds decline from the $1600+ level that it would decline to $1050 as the first benchmark. That prediction was very lucrative for those who shorted gold all the way down. I was selling silver because of that prediction and I would be entirely bankrupt now if not for Armstrong.

Quote from: John999 on January 05, 2016, 08:38:30 PM

Just you Armstrong fanboys crack me up, that's all. But I will leave to it. Just don't forget to buy stocks, they will double. Or not. Not too sure, it depends of the phase transition Grin

Ah another troll to put on ignore. I will expect to see what excuse he comes up with in hindsight after the USD and US stocks have risen as predicted sometime within the 2017 to 2021 period.

Wow such accuracy Grin