Saturday, May 14, 2016

US Dollar Index HUGE Bull Flag

This chart going back to the 1960's of course is in support of Marty Armstrong's bullish view going into the near future, the far future is probably extinction by debt. It appears that the consolidation of the past year is a back kiss of the top wedge line, if correct this means Gold will collapse hard.

Thursday, May 05, 2016

Sunday, May 01, 2016

Gold/Euro final low Jan 2018

This chart is in agreement with Martin Armstrong's latest work which says that we are seeing a reaction rally in the Euro now that is not going to last, once the Euro turns back down then the Dollar will rally hard into 2018 driving Gold back down, so Martin's argument is that this is a sucker rally in Gold that will end sucking many in and then will be the fuel for driving it back down as stop losses kick in.

Silver is Breaking Out