Yes – to answer a lot of questions. We still see the future rally in gold reaching the $5,000 level. Keep in mind this requires an asset rally. Those who tout the German Hyperinflation omit the fact that ALL tangible assets rose not only gold and the replacement currency people accepted was backed by […]

QUESTION: Marty, do you think it is even possible for gold to close at $2,000 by year-end? This just seems to be the same story over and over again. Thanks SK   (1864 high with 1992 low) ANSWER: Sorry, no. Here is a chart of gold back to 1264. There is not even a pattern […]

  Just for the record on the problem with capital flows and trade, during the Third Presidential Debate between Kennedy & Nixon, the question of capital flows came up and Kennedy actually explained correctly that it was NOT a matter of just trade causing the outflow of gold, it was the fact that the USA […]

During the Third Debate, the question about the outflow of gold from the USA reserves took place and set off a panic in the London gold market whereby gold rallied to $40 for the first time showing that the Bretton Woods System was indeed collapsing. The United States’ outflow of gold was not really from […]

  Every single brief uptick and they come running out of the closet and start all over again – sell everything you own and buy gold. We will be releasing the Special Report on metals next week after we get this monthly closing. So far, it still appears that gold could extend this present bear […]

QUESTION: Mr. Armstrong; I recently read that China issued gold and silver coins. I cannot find any such listing in any catalogue. Is this another story made up by goldbugs claiming money is only gold? Who really printed the first paper money, China or Sweden? Thanks so much DG ANSWER: China always issued fiat bronze […]

QUESTION: Marty; Great call on the gold again. The June low was spot on. At the Conference you warned we could still make another pass at the lows in dollars in 2015 but this would be a delicate ballet between the varied trends in currencies. Do you still see this as a possibility? Best regards; […]

QUESTION: Hi Martin Given the cycle work that you do, it appears that Gold had a 12 year Bull Market Cycle from 1968 to 1980 followed by a 19 year (one metonic cycle) bear market, followed by a 12 year Bull Market from 1999 to 2011. Does that mean we have entered another 19 year Bear […]

QUESTION:  Martin, In your June 23rd post, you stated: “The [June] bounce is really seasonal, yet it is being explained as everything but.” What Does this mean? There is a season to gold? ANSWER: Yes. May/June often produces the low in gold. That is what we were saying a June low with a bounce. The […]

The target for the June low seems to have been correct and this week was a Panic Cycle target. We saw the gold closing above 1295 and the first weekly closing above 1307, but the key resistance remains a weekly closing above 1355. The bounce is really seasonal, yet it is being explained as everything […]