Saturday, June 16, 2012

Gold High Late Oct. or Early November 2012

My work is in agreement with Martin Armstrong - that Gold is going to move up now, the low is probably in, the bull flag is going to break out sending gold into the $2000+ area by Oct. - Nov. Volatility is going to be strong this autumn. As mentioned to one of my readers, there is also a trend on the Euro for a high in early 2014, past correlations show show that the US dollar goes down when the Euro has gone up, this would imply that Gold will also go up as the dollar goes down, perhaps that will be followed by a rally back into the US dollar after that going into late 2015 with the Pi Cycle model and as Armstrong has written, 2017 possibly being the high for Gold as the USA will be going down the drain by then. The thing that does not fit is the 51.6 year cycle and the 309 year pi cycle peaking in 2032. I have not seen Mr. A address this.


  1. Great update Russ. Have you found any difference in the long term (multi year) versus short term (current year) forecast?

    Also your nat gas call looks to be playing out.

    One more question - any comments or thoughts from your indicator on the bond market (or potential collapse/rate spike) possibility?

  2. Thanks Jeff, another chart that has a very good trend on it is the Shanghai Stock Index, it shows a peak in late 2015 which looks to be right on Armstrong's next 8.6 year pi cycle peak date, this would also agree with Don Wolanchuk's view that we are going to see a huge rally in the stock markets, his elliot wave primary wave 3 that he has been exclaiming about for years. Wolanchuk has not been so concerned about the national debts as Armstrong though, he said before that China would provide the capital to keep things going, Armstrong does not agree and thinks China will be dragged down too, it would be nice if Wolanchuk is right but I fear that Armstrong will ultimately be more correct. The Direxion 3x 10 year treasury bull chart is showing a major high in autumn 2017, which is very interesting as this is the year Armstrong has written could be the peak in Gold, so if Gold peaks then and then the US Bonds crash that would be all fit MA's doomsday scenario and the debt party of the past century would be over to be followed by a major breakdown of our western civilizations.

    I used to have some very long term gold charts, that had very long trends on them, I will be attempting to get those charts running soon.