Loading ...Armstrongs take on gold.
Getting to the point by passing fundamentals sometimes people don’t get through anyways of why money will move from public to private on speciation interest rates will rise and bonds will tank.
Gold is rallying to test the first key Bullish Reversal at 1187. This is what these number do. That showed how far gold must rally to even get bullish on a sustainable basis. This is the Panic Cycle Target. We have a Directional Change Next week. We need a weekly closing above 1210 and a monthly closing above 1225 to show any sustainability here and now.