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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 382.95-0.8%Nov 13 4:00 PM EST

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To: carranza2 who wrote (166648)1/3/2021 8:17:29 PM
From: TobagoJack  Read Replies (1) of 217750
 
Martin Armstrong not wrong ...

and so I remind self, focus on the gold, not the bitcoin.

Bitcoin never shall have a correct price above zero.

Gold has no correct price until it does, once per so many generations, when it goes unobtainium.

ask-socrates.com

Gold the Lagger?

SUNDAY, 03 JANUARY 2021
BY: MARTY ARMSTRONG



COMMENT: I agree we're facing some level of Armageddon in financial markets. Still surprised that precious metals are seldom mentioned as a safe haven, a sure-fire way to preserve value & purchasing power.
Even if the Dow goes to 40 or 50,000, it will be in dollars that are greatly reduced value. Maybe even almost zero value, if the Bolsheviks take power. The uncertainty here in Canada is perhaps even greater than in the US, as we have a child/boy PM, who believes economics have been repealed.

HS

REPLY: Gold indeed finished poorly. It failed to close above the 2011 high. This is what I have been warning about. These people have been tracking gold and imposing taxes and restrictions in various countries - especially in Europe. The younger generation is buying Bitcoin instead and thinks that is some kind of store of wealth. They will learn the hard way, what goes up exponentially also comes down the same way.
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