Would anyone care to share what Martin Armstrong's private blog say about gold at the moment? I think his macro views are worth listening to, but Socrates is a waste of time and money.
I don't want to spoil the party - perhaps there are any news in that category we should be listening to.
However, you might want to consider the following:
Gold elected the "important" monthly reversal in June. We closed 1,392.08. The Bullish monthly was 1,362.50. (~2,2% above the reversal).
So according to the 1% rule we need to test the 1,362.5 reversal within 3 time frames (3 months, so July, August or September).
At the moment gold is testing 1,500 so it would need to come down ~9%.
I'm hoping it will test 1,362.5 as I would like to buy more but I think it's not reachable.
And right to the point, his macro views ended up creating bad losses for a few of his followers:
Quarterly Superposition Event in Gold 2015https://armstrongecmscam.blogspot.com/2019/07/quarterly-superposition-event-in-gold.htmlMartin Armstrong is a charlatan, and he spent 11 years in jail for a reason.
Read this blog
starting at page 273 to find out more about computerized fraud.
See
armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.