Loading ...He doesn’t know if the price will be a low or high ahead of time. All he knows is that there is a turn coming. Gold and silver have different cycles and during the weeks of Nov 30 (Silver)/Dec 7 (Gold) of 2015 these cycles converged. He told his subscribers about this before this happened. And sure enough it was the exact low. The safe thing to do is wait for the cycle weeks to pass and if you had done that in mid-December 2015 it would have been clear that it was a low after a relentless 5 year decline.
Armstrong has studied cycles and has his computer models to back him up.
And if you are still thinking “News” drives the price of anything.. then your approach to investing is clearly misguided. At any given time there is simultaneously bearish and bullish news.
Capital flows is what drives markets. And capital will slosh around from one market to another. Right now it’s going into the USD and the US Stock markets and out of Bonds. Which is what Marty has been calling for (Dow 24k minimum and as high as 40k). The USD is going to challenge its old 1985 highs and this is what will push gold to sub $1000 (Ideally $850). Only when gold goes sub $1000 is when the last gold bug throws in the towel and then we can start our way back up and onto higher highs (at least $2500 and most likely between 2020-2022).