Loading ...Martin Armstrong’s computer says the bottom in the PM sector will be in by the first quarter of 2016 and possibly by the 3rd quarter 2015 and he sees gold going to $5000 an ounce so all of this was a necessary wringing out of way,way, way too much bullishness after 8 years up,up,up and now gold is setting up the “false move” MA says so as more and more investors bail out of gold the majority will be wrong because the majority is always wrong per MA and this coming BLACK/NEGATIVE investor sentiment toward gold and the PM sector will set it up for the true/right move which will be “all in” and that then allows the pendulum to swing in gold’s favor….
maybe that’s what just happened with NUGT when Sir Spock said nugt was being bought 5 times over what jdst was being bought so the false move was “buying nugt” when the true place was to be buying jdst—the majority of buyers of nugt and jdst on Friday were buying the wrong move thinking nugt was going up not that jdst was going up