QUESTION:  Hello Martin Today it seemed as if you posted a basically bearish Euro call and a temporary bullish Gold call. I understand that a crisis in the Euro could get people to buy gold but in the long term if the Euro falls to 80 Cents, Gold in Dollar terms would drop to the […]

Gold fell back to 1191 and then rallied back to the 1216 area. Gold appears to be setting up to extend the counter-trend reaction into the first week of March. With back-to-back Directional Changes for the weeks of 02/08 and 02/15, the typical outcome is one of a choppy trend. Last week we got the […]

QUESTION: Marty; I had purchased your gold report and the low for gold came in exactly as you laid out on that benchmark date you gave more than two years in advance. But you are not saying you called the low of lows. I assume you remain skeptical about a reversal in trend long-term. Correct? […]

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 line up and display that there is a trend in motion, which is then definitive, I will clearly state so. Gold has performed in a typical […]

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 opinions.

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 came on the first benchmark right on target at 1045 ($1 from our number at 1044) and was 51.6 months from the 2011 high. […]

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 and warns that the upside is still in play. A closing beneath that number warns that even a new high on Friday may be followed by a lower closing. Technically, […]

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 warned we should close lower, which we did slightly. But the low on the first Benchmark took place 51.6 (6 x 8.6) months from the 2011 high and […]

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 rates reflect more deflation. The confusion seems to really be in the relationships. Gold is rising simply because the stock market has declined. […]

Hillary refuses to explain, no less release, transcripts of her “speeches” for Goldman Sachs. What they paid Hillary for just three speeches is more than Bernie Sanders’ entire net worth after a long career. Here she is at the groundbreaking ceremony for Goldman Sachs’ $2.1 billion steel and glass building, equipped with giant murals, opera-house ceilings, […]