muses of the moment

April 12, 2013

Latest blog post from Martin Armstrong dated April 12, 2013

Filed under: Gold and Silver Investing, Martin Armstrong, Precious metals — Tags: — totallygroovygirlfriday @ 10:21 pm

Click here for Martin Armstrong’s latest blog post entitled Gold-Reality Check dated April 12, 2013.

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2 Comments »

  1. Dang! Armstrong is RIGHT AGAIN!!!

    Gold is getting HAMMERED (down $106/ounce) as is Silver. GG, I hope you didn’t buy any silver this weekend. I think there are many more price drops to come.

    According to Armstrong the price of gold could go as low as $950/ounce. Load up on it then baby!!!!

    Comment by MikePhila — April 15, 2013 @ 2:18 pm

  2. Agreed. Martin called it. So, if he is correct, this could go on until August. Not sure about 950, but since we broke through resistance anything is possible. Gold at 950 could effect all markets, not just gold. Leased and margin gold market will leak into every investment class. Covering will require selling another asset class to get cash.

    I am buying some metals at new lows though the summer (?), until we hit bottom.

    gg

    Comment by totallygroovygirlfriday — April 15, 2013 @ 3:18 pm


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