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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (45395)7/6/2013 2:51:04 AM
From: Anchan  Read Replies (1) | Respond to of 48092
 
Thanks for that link to Martin Armstrong's talk. The conference video (charts and all, some 30 minutes) makes his prognosis much clearer than his usual writing: a reasoned big-picture view that emphasizes global dynamics. (I don't know how he came up with that commie-hater nonsense about the Weimar Republic's failing, though). He says 90% of gold's 22-month decline may already be done, with a final drop, first to 1150 and then 905-950 at worst, due some time between this summer and January 2014; says the U.S. dollar will be strong for another two (?) years; and inflation, assets and gold to rise from 2015 and exponentially in 2017 and beyond. But no hyper-inflation.
If I understand this correctly: ST, gold down; LT, gold up but the big push still well in the offing.