Here is a list of stocks I own at this time .All are under 6$ at this time and look to have lots of upside in the future .AUG,AUY,,ELYGF,EQX,GPL,JAGGF,KOOYF,LGDTF,MDRPF. AS always do your own research .
He mentions commodities and PMs several times throughout. This includes possibility of gold to $5k or $10k (which I've never heard him say before). This last is not a good omen, though most here would make money.
The Gold Standard Has Never Worked says Economist Martin Armstrong
I haven't been a fan of Armstrong for a long time now. As I recall, he did some sort of cycle analysis of the gold market and was for a while dissing gold. I can't remember the details but he got into it with Jim Sinclair of JS Mineset years ago. Wasn't Armstrong in jail for a while? I don't remember why now.
Sinclair touted Armstrong while Armstrong was saying that gold was going to go way up. Then, when Armstrong called the top and for gold/silver to pull way back (which it did), Sinclair started accusing him of misleading people. Armstrong is now again a strong bull for gold and especially silver. I go to Armstrong events, and there are many gold bugs and many who started out as gold bugs.
Armstrong's story is long. Also, his style of analysis is very unique and easily misunderstood.
Here is a trailer to the movie about him. I recommend seeing the whole movie and also monitoring his free blog.
Maybe I don't remember all the details of that time but you are probably correct. Armstrong's main tool was cycle analysis much like that used by Bo Baloney Polny. Maybe Armstrong is a good guy time will tell. I agreed with Sinclair at that time and not Armstrong.
A couple days ago, Marty postulated that we would peak today (Wednesday). We did just get a new high today. Marty postulates that a close ON FRIDAY below $1926 in the nearest gold futures contract (August, GC) would indicate a strong potential to pull back into September. A new buying opportunity?
Hey dirk,
Great call on Helca. Thank you!
And ... where IS SSK?
For that matter .. Where is Palin? Atlee? Rico? Silverwealth?
This is price action is Q3/Q4 2010 on steroids!!! SI/GC futures positions filling my account with cold cash.
A pull back like this did not happen in Q3/Q4 2010! LOL!
This is our great chance to add to our piles!
Now is a good time to open a commodity account and lever up 2x, 3x! After we go back up, I don't think we'll be back down here before we hit $100 plus or minus.
I guess we pull back for a few weeks in gold. Silver, gold's crazy little brother, is harder to predict.
I'm looking at 24.5 to hold for the remainder of the month. A sneak attack off hours down to 21.5 would not surprise me. Strong buying stepping up after these smashes is an optimistic sign. I actually thought we might see 18.80 after that cliff dive back on the 11th and began to wonder what buying might look like should that occur.
Back at the first of the year I was looking for 21 and posited that the fun would start soon after. Well, here we are and I'm only assuming that seasonals will push the price along. Relieved metals are taking a breather. I'd been waiting for the smash. Like AU2000 I expect the battle at 30 will garner a lot of attention and am going to enjoy watching the 30-40 run.
Missed my chance to purchase AG shares sub 8. Anxious for additional pullback which may not come so I need to make a decision. Just a buy and hold. My one big bet is physical and I'll be parting with a % come 44-46. Been waiting for that victory lap for a long time.
The macro picture is a complete mess so we can assume that gold will benefit further. Will silver react the same way or just whipsaw all over the place. A hostage to the traders and robots? My expectation has always been that the fundamentals would eventually prevail. I wonder if we're almost there.
I was also hoping it would pull back more. There is always the chance, but the buying is just too brisk. Any good deals on physcial just keep getting bought up.
For example, I don't think this deal is going to last the weekend:
It seems that the move up in price for silver has led to an easing of demand, for now.
Golden Eagle has junk for $1.55 over spot.
Gainesville Coins has 100 oz RCM bars for $1.99 over spot.
Normally, these types of deals would disappear over a weekend, but these have not. So it seems that we are getting a chance to add. Which may improve over the coming weeks.
Not that many other good silver deals, but if it's here (and it's been here for a while), the other vendors and other forms of bullion will have to follow suit soon. (IMO, junk silver is the best form, anyways.)
@Stretch67, the FAQ provides
@Stretch67, the FAQ provides all information regarding posting images, plus much more. Please review.
https://www.tfmetalsreport.com/faq#image-disappears
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McEnroe
Did anybody warn ssk?
Hecla Mining has a 50 year breakout
Best Silver upside - Weekend poll
Besides having a stack what do you think is the best way to play the upcoming ride and get the best return on trading?
Stocks that may be of interest
Here is a list of stocks I own at this time .All are under 6$ at this time and look to have lots of upside in the future .AUG,AUY,,ELYGF,EQX,GPL,JAGGF,KOOYF,LGDTF,MDRPF. AS always do your own research .
best way to profit on move?
For me, the answer is gold/silver futures. Made a good chunk of change the last few weeks. But it does take some capital.
Of course there are many great ways, but that's the only way I've really made big bucks.
I still have a good chunk of physical too. I bought most of that with profits I made trading futures on the last move in 2010.
Armstrong mentions possibility of gold $5k to $10k
Armstrong interview last week.
He mentions commodities and PMs several times throughout. This includes possibility of gold to $5k or $10k (which I've never heard him say before). This last is not a good omen, though most here would make money.
China introducing e-RMB which can bypass SWIFT
I saw an Armstrong post where he mentions:
1) China is introducing a national crypto called the e-RMB.
2) One aspect is that this will allow China to circumvent SWIFT.
3) This will help to protect China from attack by Western bankers.
Very interesting!
I haven't been a fan of
I haven't been a fan of Armstrong for a long time now. As I recall, he did some sort of cycle analysis of the gold market and was for a while dissing gold. I can't remember the details but he got into it with Jim Sinclair of JS Mineset years ago. Wasn't Armstrong in jail for a while? I don't remember why now.
Don't metal with me.
RangeRider
RangeRider,
Sinclair touted Armstrong while Armstrong was saying that gold was going to go way up. Then, when Armstrong called the top and for gold/silver to pull way back (which it did), Sinclair started accusing him of misleading people. Armstrong is now again a strong bull for gold and especially silver. I go to Armstrong events, and there are many gold bugs and many who started out as gold bugs.
Armstrong's story is long. Also, his style of analysis is very unique and easily misunderstood.
Here is a trailer to the movie about him. I recommend seeing the whole movie and also monitoring his free blog.
Maybe I don't remember all
Maybe I don't remember all the details of that time but you are probably correct. Armstrong's main tool was cycle analysis much like that used by Bo Baloney Polny. Maybe Armstrong is a good guy time will tell. I agreed with Sinclair at that time and not Armstrong.
Don't metal with me.
Temporary high in gold?
A couple days ago, Marty postulated that we would peak today (Wednesday). We did just get a new high today. Marty postulates that a close ON FRIDAY below $1926 in the nearest gold futures contract (August, GC) would indicate a strong potential to pull back into September. A new buying opportunity?
Can you say "Q3/Q4 2010 on steroids" !!!
Buying opportunity
A pull back like this did not happen in Q3/Q4 2010! LOL!
This is our great chance to add to our piles!
Now is a good time to open a commodity account and lever up 2x, 3x! After we go back up, I don't think we'll be back down here before we hit $100 plus or minus.
I guess we pull back for a few weeks in gold. Silver, gold's crazy little brother, is harder to predict.
Happy Trading!
August Pullback
I'm looking at 24.5 to hold for the remainder of the month. A sneak attack off hours down to 21.5 would not surprise me. Strong buying stepping up after these smashes is an optimistic sign. I actually thought we might see 18.80 after that cliff dive back on the 11th and began to wonder what buying might look like should that occur.
Back at the first of the year I was looking for 21 and posited that the fun would start soon after. Well, here we are and I'm only assuming that seasonals will push the price along. Relieved metals are taking a breather. I'd been waiting for the smash. Like AU2000 I expect the battle at 30 will garner a lot of attention and am going to enjoy watching the 30-40 run.
Missed my chance to purchase AG shares sub 8. Anxious for additional pullback which may not come so I need to make a decision. Just a buy and hold. My one big bet is physical and I'll be parting with a % come 44-46. Been waiting for that victory lap for a long time.
The macro picture is a complete mess so we can assume that gold will benefit further. Will silver react the same way or just whipsaw all over the place. A hostage to the traders and robots? My expectation has always been that the fundamentals would eventually prevail. I wonder if we're almost there.
You did call it
Eyeswideshut,
Yes. You did call it.
I was also hoping it would pull back more. There is always the chance, but the buying is just too brisk. Any good deals on physcial just keep getting bought up.
For example, I don't think this deal is going to last the weekend:
https://www.gainesvillecoins.com/products/160373/royal-canadian-mint-100...
Physical demand for sliver is easing a bit
silver premiums continue to drop
Silver premiums are coming back down to Earth.
Junk silver for 79c over spot:
https://www.goldeneaglecoin.com/item/90-silver-bag-1000-face-_our-choice
Not that many other good silver deals, but if it's here (and it's been here for a while), the other vendors and other forms of bullion will have to follow suit soon. (IMO, junk silver is the best form, anyways.)
Martin Armstrong – Rich People Selling Stocks Again
Martin's latest interview: