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They can’t let gold go up by itself, it will make the bankers look bad.
He’s right though, everyone has their own preference and wonder if Bitcoin will move up with it?
Head of Armstrong Economics, Martin Armstrong, outlines his gold market projections in lieu of unraveling geopolitical conditions.
Armstrong says, “You have a lot of uncertainty and confusing trends developing. When this materializes in people understanding what’s happening…the dollar and gold would go up together. Because you are looking at a flight of capital. Some people want to buy gold, some people want to get out of Europe, etc. Not everybody does the same thing. The two trends will come together. That’s what our computer is projecting, and it’s happened many times in history.”
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