muses of the moment

August 13, 2013

Latest Blog Posts from Martin Armstrong dated August 13, 2013

Filed under: Fiat Currency, Martin Armstrong, Tangible Assets, The Dollar Crisis, The Financial Crisis — Tags: — totallygroovygirlfriday @ 8:45 pm

Click here for Martin Armstrong’s latest blog post entitled Outlook for Wheat dated August 13, 2013. With charts.

Wheat is still position to move into a low for September where we have a Monthly Directional Change. We do have an important Monthly Bearish Reversal at 604250. That is the major closing support to watch. Only a monthly closing beneath that would point to a drop down to the 580250 level.

Click here for Martin Armstrong’s latest blog post entitled Outlook for the A$ dated August 13, 2013. With charts.

We still see the A$ declining with the commodity cycle. The rise is likely after 2015.75. For now the major resistance stands at the Monthly Bullish Reversals at 12366 and 13804. The interesting aspect is that the dollar peaked on August 5th at 11299. The Daily Bearish to watch lies at 10713. A minor Daily Bearish lies at 10858. We do have a Directional Change next week.

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2 Comments »

  1. Drop in A$ from drop in gold. Went long DUST Monday @ $61.20.

    Comment by Tony D — August 13, 2013 @ 10:13 pm

  2. Tony …. just looked at DUST today … down another 16%!!! Yikes! You should take Armstrong’s advise and stay away from gold until the January timeframe (that’s how I read his analysis). It could still fall below $1,000/oz. Minors are going to get slaughtered till then. Sell!

    Comment by mikephila — August 15, 2013 @ 4:20 pm


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