muses of the moment

October 1, 2013

Latest Blog Post from Martin Armstrong dated September 30, 2013

Filed under: 401K and IRAs, Bailout Nation, Economic Confidence Model Cycle, Martin Armstrong, Stock Market — Tags: — totallygroovygirlfriday @ 6:43 am

Click here for Martin Armstrong’s latest blog post entitled DEBT-PENSION CRISIS- Fuel behind a Stock Rally dated September 30, 2013. Very Important read!

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4 Comments »

  1. GG,

    This is from Marton’s blog on gold from today (10/1/13) …
    “Our Daily Bearish Reversal lies at 1283. We still see gold declining and it should perhaps just crack below the $1,000 level to wipe out most of the Gold promoters who have sold their bill of goods to a lot of unsuspecting people. Once that is accomplished, the tree should be shaken significantly and the majority will most likely then be looking for $650.”

    Is he REALLY saying that gold could go to $650 an ounce??? Am I reading that correctly? I’ll be selling everything I own if that is the case and buying it like crazy. Thoughts?

    Comment by MikePhila — October 1, 2013 @ 2:16 pm

  2. Don’t panic. It just got slammed today.

    Martin’s model says that is possible for gold to decline.

    China is still buying gold, they want their currency to be heavily weighted in the new international currency. But gg would not rule out heavy volatility up and down before the final move up (which Martin says is 2017ish). Keep in mind the big picture, gold at $5000 at least. But that is still a few years out.

    gg

    Comment by totallygroovygirlfriday — October 1, 2013 @ 10:22 pm

  3. And with “hyer-deflation” (which actually is significant hyperinflation from my perspective), that $5000 will get you what?? A great new suit (which is what an ounce of gold historically has allowed individuals to buy over time)?

    Comment by MikePhila — October 2, 2013 @ 2:28 pm

  4. Hi Mike,

    I think MA was saying that if / when gold cracks to $1,000, everyone will be anticipating gold to even further decline to $650, but this is when gold will start rising again, and the masses will miss the boat as usual. Note MA said there will be a brief shining moment, so it shouldn’t be a long affair. Timing wise, MA said it should come by March next year.

    Comment by Firebug — October 7, 2013 @ 7:33 am


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