Forbes has revealed a study that was published in the Financial Analysts Journal, which examines six different explanations for why gold prices rise and fall. The conclusion is that the assumptions of most investors sold to them by hard-money advocate just do not correlate to the historical data. Gold does not rise during times of inflation, […]

Gold has got a lot of people all excited. Any up tick and they pronounce here we go as always ignoring everything else in the world. The Daily Bullish were initially elected from the June 28th low up to 135000. But the next area of Daily Bullish Reversals stands at 144450, 146150, and 147750. We […]

QUESTION:  Martin, On September 18th you wrote “That is until it is time for a new monetary system after all of these jokers are done trying to grab power.” What do you think the new monetary system will be based on. Many people claim that Russia and China will force the balance of international trade […]

QUESTION: Been reading your writings for over twenty years, enjoying everything. Quick question, in regards to 2015.75 and the time frame for unrest, economic implosion and capital flow directional changes. Is this the time frame that gold will once again embark on a new up leg which will conclude in the famous and typical blow off phase ? Also, do you foresee a reset with a […]

  The most important aspect to understand about BULL MARKETS is the proper definition – for a bull market to occur, the item must rise in terms of ALL currencies otherwise it is merely adjusting for local conditions. Illustrated above is gold expressed in a basket of currencies and dollars. While everyone was so bullish […]

Gold has rallied up to the key resistance level. We now need a weekly closing above the 1423 level before we go further on any sustained basis. The Daily Bullish Reversals are 144500, 146200, and 147730. The Daily Bearish now lies at 135400 so watch that level below. We should have had a temporary high […]

QUESTION:  Mr. Armstrong, Thanks for your active blog…I feel that l am learning a lot but questions appear to be arriving as quick as answers! It seems to me that in order for gold to shine, capital must concentrate on the commodity. This, you have stated, will likely come after the Dow sees a phase transition – the […]

Some nasty comments immediately focus on that statement and as always only emerge from the gold fanatics who will never change their mind about anything no matter what the facts might be. Of course they are based upon a PRESUMPTION that gold always has value without any historic proof whatsoever. The only thing in a […]

QUESTION: You have been really hard on the “gold promoters”, yet you are long-term bullish on gold. Why would gold rise if not for all the reasons put forth by the gold promoters? ANSWER: I was a gold market-maker. Personally, I prefer gold. I prefer to handle it. But whatever my personal feeling about gold, that […]

QUESTION: You were correct and gold collapsed into June when the gold promoters kept saying buy. Was the low in June sufficient for the major low? Do we still need to see $950? ANSWER: Markets must move to extremes on both sides to provide the ENERGY for the move in the opposite direction. The further […]