Martin Shekelstein's latest gold price talk where he speaks a few paragraphs while saying absolutely nothing:
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-bullion-v-coins/
I say he says nothing because the amount of Orwellian doublespeak makes each of his sentences cancel out each other, such as:
"The benchmarks come into play in 2018, but they could be the first high rather than a low and that would confirm a change in trend. The 2015 closing is the lowest"
So first he's saying gold is going to crash way below $1000, now he's typing some obscure reference that the 2015 closing was the low. Let's cut the bullshit here. Everything Armstrong does is similar to what Elliot wave traders do, and everyone knows how stupendously wrong Elliot wave traders get things. In fact, you can't even tell if he's now claiming that was the low or not because he writes his posts obfuscated and poorly on purpose so that later they can be interpreted either way for him to claim he's right.
Seriously, read that link. NO ANALYST on the entire planet writes things that cryptically because you don't qualify as an analyst in the first place if you write like that. He will then reference this cryptic, Nostradamus level post a year from now that says absolutely nothing claiming he was some type of prophet. The more cryptic you write, the righter you can be! Look, Nostradamus predicted Trump victory! (electoral college was December)
Yea i called it out on that kinda stuff armstrong does and really pretty much debunked anything armstromg predicts in the short or medium term because its all just noise and noone can predict it. He did the same thing with dow then changed his mind.. im not sure if his slingshot has been validated or not lol but basically he will claim the last dip as the one that was the slingshot he always was looking for where as any market we know always has dips.. the fundamentals havent changed and its easy to predict that in the face of an obvious bullish trend... and he also said that there was a chance that it just kept going down instead of slinging back so he played both sides if i remember.. jury is out on his long term stuff but short or med term im not buyinghttps://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-bullion-v-coins/
I say he says nothing because the amount of Orwellian doublespeak makes each of his sentences cancel out each other, such as:
"The benchmarks come into play in 2018, but they could be the first high rather than a low and that would confirm a change in trend. The 2015 closing is the lowest"
So first he's saying gold is going to crash way below $1000, now he's typing some obscure reference that the 2015 closing was the low. Let's cut the bullshit here. Everything Armstrong does is similar to what Elliot wave traders do, and everyone knows how stupendously wrong Elliot wave traders get things. In fact, you can't even tell if he's now claiming that was the low or not because he writes his posts obfuscated and poorly on purpose so that later they can be interpreted either way for him to claim he's right.
Seriously, read that link. NO ANALYST on the entire planet writes things that cryptically because you don't qualify as an analyst in the first place if you write like that. He will then reference this cryptic, Nostradamus level post a year from now that says absolutely nothing claiming he was some type of prophet. The more cryptic you write, the righter you can be! Look, Nostradamus predicted Trump victory! (electoral college was December)