Armstrong is a shill for TPTB. The gold to national debt chart, which has a 91% correlation, shows the price of gold should be around $1800-$2000 right now:
While the historical DOW to gold ratios show that gold should be $4000-$7000 an ounce with the DOW this high:
In reality, instead of gold going to $4k-$7k, it's more likely the DOW should collapse in half and gold goes to $2000-$3500. Silver would likely go to $66-$116 in that scenario with around a 30:1 ratio. This is just speaking in a normal market without a currency collapse or something happening. If the bond market or currency blows up, metals would obviously be much higher. Metals are in a giant inverse bubble right now, and the reason is they attempted to manipulate them down even lower than normal to try and facilitate NIRP/ZIRP.
And whoever thinks metals aren't manipulated (like lying Armstrong), here's a chart showing the price of silver more than halving as demand skyrockets at the same time. Most (downward) manipulated, inverse bubble market on earth:
While the historical DOW to gold ratios show that gold should be $4000-$7000 an ounce with the DOW this high:
In reality, instead of gold going to $4k-$7k, it's more likely the DOW should collapse in half and gold goes to $2000-$3500. Silver would likely go to $66-$116 in that scenario with around a 30:1 ratio. This is just speaking in a normal market without a currency collapse or something happening. If the bond market or currency blows up, metals would obviously be much higher. Metals are in a giant inverse bubble right now, and the reason is they attempted to manipulate them down even lower than normal to try and facilitate NIRP/ZIRP.
And whoever thinks metals aren't manipulated (like lying Armstrong), here's a chart showing the price of silver more than halving as demand skyrockets at the same time. Most (downward) manipulated, inverse bubble market on earth: