Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
over45
on 26/03/2020, 22:08:52 UTC
Last try:

To put it very simply - one more time - the $5000 gold call is what he thinks gold could go to in the event of a currency crisis.  That is not difficult to understand and totally makes perfect sense.  That is like any other forecaster making a call of what gold could get to when there is a currency crisis.  It is not exclusive to Armstrong.

I went to that link you posted on Armstrongs post on gold - and he was very consistent in his calls.  Goldman Sacs also proposed sub $1000 gold.  For all we know we may see $700 gold soon... or less.  

I'll make a prediction on Bitcoin:  $2100 or less by 4/2021.  Lower if the Coronavirus escalates.