Latest release from Martin Armstrong dated August 24, 2011

Click here for Martin Armstrong’s latest release entitled Gold dated August 24, 2011 (1 page).

A closing for today below $1780 is short-term bearish. Support at $1671 and $1583. We are still in the normal trading range with resistance at 1910-1960. Anything above that signals a phase transition to $2500 (where did we just hear $2500, Uncle Harry, last post). That move would signal extreme trouble between now and 2015 with the ECM turn.

Calming words from Jim Sinclair

Click here.

gg’s favorite:

Now lets hear from Dean of Gold, Harry Schultz:

“Don’t bother me now. Call me when gold trades at $2400.”

Latest Release from Martin Armstrong dated August 23, 2011

Click here for Martin Armstrong’s latest release entitled Earthquakes dated August 23, 2011 (4 pages).

Martin talks about the history of East Coast quakes and the New Madrid fault line coming up on a Pi cycle  point in 2035. (gg: This would have a major impact on distribution, exploring and importing in the US, and the government has at least short-term emergency plans in place for this event.) He doesn’t mention much about California, but he says that his earthquake model is not up and running yet.