muses of the moment

August 6, 2012

Latest Release from Martin Armstrong dated August 5, 2012

Filed under: Fiat Currency, Global Debt, Gold and Silver Investing, Precious metals — Tags: — totallygroovygirlfriday @ 11:38 am

Click here for Martin Armstrong’s latest release entitled Banks Manipulating Gold dated August 5, 2012.

Nevertheless, if gold closes above 1570 at year end, we can still see a correction before a breakout to the upside. So it would be nice to see a clean low for gold in 2012 for that would be much better for the long-term ahead.


  1. It is becoming increasingly difficult to read Armstrong’s articles due to the proliferation of grammatical errors which call attention to themselves & make him appear both unprofessional & not serious. Can’t Armstrong have someone proof-read the articles for him before he posts them?

    Comment by MontanaSacra — August 6, 2012 @ 9:38 pm

  2. So what do we think will be Martin’s “only possible solution” at the San Diego conference?

    Also, I’m more bought in then ever that my 401K is going to turn to dust! Any ideas how I can get ANYTHING out of it? I’m open to any options. Would luv to hear from GG’s faithful. Thanks!

    Comment by MikePhila — August 6, 2012 @ 10:23 pm

  3. gg agrees…..he also needs someone to either edit his work or teach him how a paragraph works. That man puts 12 ideas into one paragraph and puts the supporting argument for 3 of them on the next page. It makes him really hard to follow sometimes.

    Comment by totallygroovygirlfriday — August 7, 2012 @ 11:02 am

  4. “Nevertheless, if gold closes above 1570 at year end, we can still see a correction before a breakout to the upside. So it would be nice to see a clean low for gold in 2012 for that would be much better for the long-term ahead.”

    Hi GG:

    For me, Martin Armstrong’s talk is difficult to figure out. To understand him, I need and will accept your best interpretation of his writings.

    As of August 3, gold is currently around $1612.00. Is MA saying that after August and until the end of this year, we could still see gold being suppressed into the 1500ish levels? And therefore gold prices will not take off before the end of 2012? Rather, gold prices could go up in 2013?

    Thanks in advance.

    Comment by orbit — August 7, 2012 @ 12:07 pm

  5. I guess its hard being a genius. Although some of what he writes is frustrating, remember that is is FREE!!! Don’t look a gift horse in the mouth. Take what you get and add it to the other information that you are gathering. I’d like to use the brain power of GG’s team to think through the implications.

    Comment by MikePhila — August 7, 2012 @ 12:20 pm

  6. It’s a little confusing. The first sentence of that paragraph, Martin talks about the weekly gold outlook (short term). Then he immediately switches to the yearly outlook (long term), totally different.

    In this quote, Martin is talking about the yearly gold prediction. He is saying that if we do not have a correction to/below $1570 at year end for 2012, we will have another correction before the final high. Currently, Martin is suggesting from his computer models that the high in gold will be 2017/2018 and $5000. (gg agrees with the timeline, but not the price, she thinks it will be higher).

    That doesn’t mean will not see a rise in gold in the next few years, it just means there will be another correction, similar to the one we experience in 2011 before the final high.

    If we do dip to $1570 close at the end of 2012, it means that we will continue to rise in gold, without a major correction before 2017.

    Elliott Wave Theory would predict another correction (20-30%) before the final high in the cycle.

    A correction before the final high is much more probable. But it is no reason not to buy gold now or to sell at any point. Just information for what to expect in the cycle from now until 2017.

    And since this is the yearly closing price he is speaking about, keep in mind that a lot can happen price-wise within that year.


    Comment by totallygroovygirlfriday — August 7, 2012 @ 1:11 pm

  7. Agreed, free is very nice!

    Comment by totallygroovygirlfriday — August 7, 2012 @ 1:11 pm

  8. MikePhila:

    Yes, MA’s genius writings are FREE for everyone to read.

    Unfortunately, I have difficulty understand them. I suppose it is because there is not enough genius within me to immediately grasp what he is saying even though his writings are for free.

    Hence, I admit that I am badly in need of GG’s genius to decipher MA’s writings.

    ~ ~ ~


    Do note that not only do I think you are a genius; that you are also generous, patience and kind hearted as shown by you taking the time to unravel MA’s severely truncated (IMHO) comments and explain them in much greater, easy to understand details for me (and other readers of your excellent blog).

    Many, many thanks. XOXO.

    Comment by orbit — August 7, 2012 @ 2:54 pm

  9. Thanks, Orbit. I’m blushing. Happy to help. I have to admit, I don’t understand everything Martin says, but sometimes, he answers questions in other papers. And after reading him for a few years you begin to understand his writing style a little better.


    Comment by totallygroovygirlfriday — August 7, 2012 @ 2:59 pm

  10. the 1570 is approx. the cash price at the end of 2011. so far, in 2012, we have traded within the range gold traded in 2011 (no new high or low), i believe.

    the final blow-off tops in a bull market go very far in a very short timeframe. maybe, right now, it is content to sit here. to me, it seems like Martin Armstrong is trying to say gold may not blast off just yet.

    gold could well drop in price but still be the best investment to choose. it would lose less purchasing power than other positions. currency trading baffles me because if the central banks are all in cahoots, then each individual currency will be priced however said cartel decides. what i am pondering is the Jap Yen. In an earlier missive, MA said he expected the JY to advance on a yearly view….and yet, he says the country is in dire straits in another writing. I can’t seem to get my head around that idea. it would seem that a country follows its currency. Rome followed its currency debasement down….

    ah, well, it will all be seen more clearly in hindsight.

    the most valuable insight MA has given me is that currency is not a store of value. It is just a vehicle to make it easier to transfer your wealth from one thing to another. Barter is just so….yesterday.


    Comment by icd — August 7, 2012 @ 4:54 pm

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