Loading ...Armstrong on gold
he says gold needs a close above 1617 to keep gold in a neutral to bullish condition…a close below that will warn that gold is not breaking out yet…he says the wild swings are due to the comex has gold in 100-ounce bars while the london gold market is 400-ounce bars, if someone wants to buy in london and ship to the US, would have to melt it down first…beyond my understnading
Gold below 1600$… that is resistance to close above on a quarterly basis. So.. see ya in 3 months!
I’m trying to remember the old stock market adage … something like “Price is the truth, but (stock) charts can be painted”.
Once again, the gold chart was “painted” to close under $1600 at 1:30 pm EDT on 3/31/2020
While we watch the paint dry, the bankers will accumulate more miners’ stocks for cheap.
Also an avid reader of wallstreetonparade.com … the bankers are still celebrating their successful painting of Dow 30000 … sorry 29551 !!!
https://wallstreetonparade.com/2019/07/charts-suggest-the-dow-index-is-being-painted-to-get-new-highs-in-the-market/
If you trade on this guys Numbers which he seems to pull out of his ass…you are crazy
Look at 1617 and tell me what is so particularly special about it
i know its an “elected” number from Hal or whatever his computer is named.
BS
I have never seen anyone who says they actually make money trading on this guy’s cryptic messages
he messages like Q Anon
It’s up to you to interpret what he is saying..and if you are wrong…then its your fault..you misunderstood
PS…Some people worship him but I don’t like the guy’s work and his cockiness. He seems to think he is an expert on everything .Including Virology . I bought his gold report a few years back for $500 US
I still have it..
it was completely unintellligable but whatever predictions were in it that I could remotely decipher..it was way off.
End of rant
LOL you are right on. I had left this guy long time ago. Do not want to even hear his or read his name. I down loaded his biiig report on gold one time hasn’t read it. Useless. Not going to post here.
Thanks Fully.