QUESTION: Mr. Armstrong. Are you calling this rally in gold a false move? What does it take to get you bullish? Will you ever be bullish? ANSWER: When all markets...
Our Opening Pivot Point for gold tomorrow is still above the market coming in as 1272.40 while the Dow lies at 15497.74. In the euro, it rests at 1.1381. Keep in...
COMMENT: Marty the computer has done an amazing job on gold with the reversals. Just stupendous. BB REPLY: Just follow the numbers. They cut through all...
Gold has blown through the daily channel resistance so there is a gap on our reversals between 1209 and 1309. Gold should now press higher to fill that gap. The low...
QUESTION: Dear Marty, 2011 was the intraday high in gold, but 2012 was the highest yearly closing. Add the 5 units of time bear market, that would potentially bring...
The fuse has been lit. The world economy is in serious trouble and we have the worst possible people at the helm. You have Obama who wants to double the funding for...
Gold closed higher today, suggesting that we should probably press higher into Friday. Our opening pivot point was 1207.57, which is still well above the closing...
Our opening pivot point tomorrow in gold will be 1217.30. This came down slightly from 1220, but it still reflects where the resistance would stand. In the Dow, it...
Everything has moved to the extreme, which we will discuss tomorrow. In gold, our opening pivot point for today jumped to 1220.73. That meant an opening below...
The talk of the town is that gold can see more upside if rates decline. That seems to be at odds with the view that gold is a hedge against inflation since lower...
