but now at 6:40AM ET gold is at 1208…..1208 was a number that Socrates said would have to be sustained–close on a monthly (I think it was a monthly close) to confirm gold’s advance as being sustainable
but I checked and Socrates said a monthly close above 1362 was required to say a change in trend was possible…and I also read this at armstrongeconomics.com Blog Feb 11, 2016: “The low came on the first benchmark right on target at 1045 ($1 dollar off our target of 1044) and was 51.6 months from the 2011 high. The year end closing above 1044 warned that gold was not as “weak as it may appear” In MA’sGOLD REPORT the first benchmark was the first week in Dec 2015 for a low in gold and the second benchmark was the 1st week in April….so gold bottomed exactly on the week and at the target that Socrates foretold it could happen….I am looking at armstrongeconomics.com blog for Feb 11, 2016
Gold down 42 now
1195
but now at 6:40AM ET gold is at 1208…..1208 was a number that Socrates said would have to be sustained–close on a monthly (I think it was a monthly close) to confirm gold’s advance as being sustainable
but I checked and Socrates said a monthly close above 1362 was required to say a change in trend was possible…and I also read this at armstrongeconomics.com Blog Feb 11, 2016: “The low came on the first benchmark right on target at 1045 ($1 dollar off our target of 1044) and was 51.6 months from the 2011 high. The year end closing above 1044 warned that gold was not as “weak as it may appear” In MA’sGOLD REPORT the first benchmark was the first week in Dec 2015 for a low in gold and the second benchmark was the 1st week in April….so gold bottomed exactly on the week and at the target that Socrates foretold it could happen….I am looking at armstrongeconomics.com blog for Feb 11, 2016
That Socrates guy sounds pretty bright. 🙂