Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
Gumbi
on 27/11/2019, 16:21:50 UTC
@Traxo


Gold: The Panic Cycle is Here
Posted Jul 20, 2015 by Martin Armstrong
"Gold opened the week in Asia with a bang – down nearly $44 at the low of $1083. This is right on target for our Panic Cycle this week. Gold is sharply declining, it will break the $1,000 level, and then everyone will start to look for $600–$700 area."
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-the-panic-cycle-is-here/

Posted Jul 23, 2015 by Martin Armstrong
Gold – It Ain’t Over Until the Fat Lady Sings
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-it-aint-over-until-the-fat-lady-sings/
"Yes, the Benchmarks are the targets for it is never just PRICE; it must also be TIME. These two objectives must be reached, and they are in that report. So do we have the low yet? No. To create the low, the MAJORITY must turn bearish. Their target forecasts will be in the $600–$700 level. The key Weekly Bearish Reversals are 1084 and 1075, followed by 1042 and 1026. We have four Weekly Bearish Reversals providing support before the break at $1,000."

 you only trade on reversals and we NEVER elected the 2 key weekly bearish reversals at 1042 and 1026, this is irrefutable evidence that completely destroys your argument about a low under $1000. I wonder why this key post was not included?


Posted Aug 1, 2015 by Martin Armstrong
Gold Has NOT Bottomed Yet
"Gold elected a Monthly Bearish Reversal today at 1155. We have some support down at the 1042 level for now.
We will be issuing the update on gold for those who purchased last year’s report by the end of the month to cover the downside. The PRICE objective of breaking $1,000 was not met within that 3 year window so we must look to the Benchmarks as laid out in the International Precious Metals Report(2014)."
 https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-has-not-bottomed-yet/

The problem is you story line does not include the gold report and its many updates and you also didn’t have access to the benchmarks in the  International Precious Metals Report. This is what I mean by incomplete information.
https://www.armstrongeconomics.com/uncategorized/gold-update-being-emailed-next-week/


Gold – What Now?
Posted Aug 3, 2015 by Martin Armstrong

"Gold elected the Monthly Bearish at 1155 and we did so well below that level, holding the 1084 number both weekly and monthly. Our energy models are turning positive, so it does not appear that we will have major follow-through at this time. When you elect a Bearish Reversal that far from the number, you typically bounce back to retest it before proceeding further."
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-what-now-3/


Posted Oct 6, 2015 by Martin Armstrong
Gold & the Dow – Looking Ahead
"In gold, there is nothing to get excited about until you see a weekly closing above 1210. "
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-the-dow-looking-ahead/

Posted Nov 16, 2015 by Martin Armstrong
Gold in the Wake of Paris
"Although gold made a knee-jerk reaction rally to 1097, at the time of this writing it has fallen back to 1087. We elected one Weekly Bearish at 1084; from the last high, we generated a few more in the 1079 to 1071 area, followed by 1040 and 1026. It is between 1026 and a small gap down to 983, followed by 934 and 885. The horizontal lines are the reversals – red for bearish and green for bullish. There are clusters forming above (resistance) and below (support)."
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-in-the-wake-of-paris/

Posted Dec 5, 2015 by Martin Armstrong
Gold on the Benchmark
Yes, we reached the first number 1043 in the precise week of the first benchmark. But this is not over until the government sings, not the fat lady.
"We will be also be creating a blog for Socrates next week where we will have a bit more freedom to comment without upsetting those who have been paying for the gold reports."
https://www.armstrongeconomics.com/qa/gold-on-the-benchmark/



Traxo
"People opened positions based on Martin Armstrong's public blog. And they made incorrect calls... "Gold should make a new low this year. "

well that is their mistake thinking that when Armstrong says Gold should make a new low this year is tradable information because YOU ONLY TRADE ON REVERSALS and everything you have posted has nothing to do with them…
Many reversals were given by Armstrong on his public blog as shown above and that is the only way to trade, BY THE NUMBERS!!!! I don't see a single case where the reversals actually provided a wrong buy/sell signal...