Thanks, I remember that when it happened. Both India and Armstrong being bent on gold going needing to go below 1000 according to him allowing it to spring load up. It did anyways though but not the high numbers he was looking for at the time. Still he is affected to what happened and was stuck in the past and had some catching up to do. Like he didn’t recognize Bitcoin or it’s potential when it was only about 10 a coin or perhaps that is was moving away from banks and Gov control. Now we have banksters and Fed wanting to control it and Blackrock. The very thing it was meant to avoid.
Silverngold
Thank you for clearing that up. What an omission on my part!
Couldn’t agree more with your (and Buygold’s) philosophy on life!!
Did nobody read the date of this article from Armstrong? “Posted Dec 9, 2016 by Martin Armstrong”
It came pretty close …. $1045…so Armstrong was not that far off.
As for now, if you think that’s what is coming, I think you should sell your gold….and your silver too. …and become a contender for the Darwin Awards like eeos seems to be competing for.
Otherwise, make sure you can hold it in your hand….and have “something” to protect it in your other hand….and relax and enjoy your life. IMO Buygold has the right idea. Trust in God, live your life with honesty and integrity, treat others as you would want to be treated….and your life will be like mine, which for many years has been Silver-n-Gold.
Ipso
Armstrong before and after they set him up for prison and then tried to kill him in there he came out a different person. Some may think depressed , doom.and gloom. Not saying he doesn’t have knowledge or skills but he has PTSD. It would be hard to go through what he did without it Because he’s so smart it would be hard to help him because it would be hard to understand.
Even if India which you think would be the last place to confiscate being part of their customs like Bitcoin just because one country stops it another will take the opportunity and buy it. So there’s that ray of sunlight.
Captain
I don’t know what’s going on with you or in your life. I hope things are OK because you sound as though they aren’t, and you are lashing out.
I’ll say it again. Pride will destroy you, and the need to be right all the time is your pride.
C Hook
How are their commie plans winning? They’re getting all their criminal resources taken and discovered and hopefully some may just be eliminated all together
If all the western countries were on the same page but their not as far as bugs. Europe can just order animals to be slaughtered with their fake Paris Accord slush fund and climate change card. Not enough will stand by their farmers or freedom but it seems to be growing when enough people had enough of their BS. . Here they can’t do that, all H would break out so they get sneaky about it with strange fires and bird flu’s.
Thanks for the info on Texas. What a blankety blank. I hope the Repubs raise H about this.
How could gold go down? Profit taking? Silver slow.. so is the economy.
I kind of like the idea it’s going slow and steady instead of just reactive like on the due date for Hamas then just sells off.
Bibi’s quite insane. He’s like give me the hostages back so we can continue bombing you. Why should they? What do they have to lose when he even bombed hospitals and schools and nothing strategic about what he did. To him if their Muslim their hamas.
All the countries who were enabling one side or the other should have to figure out a peace deal and pay for the rebuilding. He who is without sin throw the first stone.
Ipso
Martin Armstrong has always leaned towards pooh pooling the virtues of Gold and Silver, over the years.
I like reading his posts, but is his computer model ( Socrates) making this call, or is he? In past posts, he has always stressed that he is not doing what he does, to impart his own views. So which is this call???
Moves like today
…also come from the “playbook” that I have referred to in previous posts. They’re designed to get the most “bang” for the unchecked buck, and imprint short term propaganda in the minds of would be metal investors. All designed around long weekends…..
Such scum.
What is wrong with this picture?
Tech stocks through the roof and gold down $44.
Nothing if you are a price managing commie hell bent on getting all the wealth … not just some of it.
Yup nothing wrong with this picture if you don’t mind getting p*ssed on when silver should have broken out.
This is a long weekend so it’s supposed to be this way. I mean it’s pretty depressing when you are on your yacht this weekend and you didn’t have a good week.
Speaking of which – looks like the Zuck is planning to install more spies in your home coming up – and get you to pay for that too … never mind how many people this would put out of work. But don’t worry – they would put those people on universal basic income and then force them to eat bugs – killing them in just a few years like the vaccines, psychotropic drugs, and any other pill not mentioned.
Meta Plans For New AI Humanoid Robot For “Household Chores”; Headline Fuels Stock Rally | ZeroHedge
The thing about psychos on skates is they never stop – and it’s irritating – especially when their commie plans are working because people are stupid and lazy.
Have a great long weekend all
Repeating
….the pullback in Gold this past Tuesday (from $2940 to $2867)????
And speaking of the Gold/Silver ratio, this from Peter Schiff (yes, he’s been a bit of a Gold shill for many years now):
The gold-to-silver ratio measures how many ounces of silver it takes to buy one ounce of gold. Over the past century, this ratio has typically ranged between 40:1 and 70:1. When it rises above 80:1, silver has often experienced sharp upward movements in price. Currently, with gold soaring past previous highs and silver lagging behind, the imbalance suggests that silver could be due for a strong rally.
That’s especially true as gold is unlikely to be done with its trend of hitting all-time highs this year, and may surge further into the stratosphere. Now silver is edging back up—are we about to witness an epic breakout?
Captain
You’re not in good company, and I pocketed alot of your shorting money, thank you for that. Which country are you from? You sound like a pissed off imbecile. Hope you enjoyed getting clocked
Buygold @ 12:40
Good luck with all that.
I think the country is full of pussies and idiots.
I have yet to be proved wrong.
I am waiting too.
Getting my bug sauce ready … going to need a lot apparently.
Captain
A lot of low volume games being played with the shares today. As for silver, it might be a little top, but they sure are working their butts off to try to prevent it from taking out $33. SLV and a couple of the silver plays are the only things I see with any volume.
I expect we’re going to get a decent bit of buying before this day ends though, but who knows? I’m no guru.
As for the rest of what you said and the insistence that Trump is a tool, we certainly will find out and it won’t be hard to discern. Thus far, there’s nothing he’s done to indicate that he is. It would also mean that Musk and his entire cabinet is part of the Globalist team. Maybe so, but it sure seems like a stretch. It was much easier to believe during his first term to be sure, but we’ll see, it’s been less than a month.
There are some decent people in this world, I would imagine you’d consider yourself one of them. There have been decent leaders at times in our history. I’d point to Andrew Jackson as one. Maybe Trump is not, but I will give him the benefit of the doubt until he shows he’s a monster like the psychotic democrats say he is. Those are our choices, we roll the dice on one or the other. I can’t roll with the lunatics on the left, they’ve completely lost their minds.
Bottom line is that I trust in God. Nothing happens without him, not a single breath we take. I don’t put my faith in fallible man, in particular myself, because I’ve seen how life goes when I’m in control. I also know that pride is the most dangerous of all human characteristics.
We keep waiting for the epic SM crash, soaring pm prices, and QE that never seem to arrive. I’ve no doubt they will, until then though, we’ll just keep pushing the goal posts until we’re right.
New Poll New Poll
Vote! Vote!
Captain
IS that you mountain of gold?
Gee I wonder …
… if anybody will check the bank accounts of these guys … who have obviously been bought off …
Gee … I wonder
Chuckle
I realize that
….politics is enmeshed in almost all facets of our lives (unfortunately). But IMHO, imparting our own political beliefs on everyone else on this site, is counterproductive to what we’re trying to do here: help each other gain insights into the metals markets.
Enough said…..
May be President some day
VP JD Vance rips into Germans (and Europeans) for their anti free speech actions and their attempt to silence their political opponents.
eeos @ 11:45
All I can say to that is wow … and no wonder we are in trouble.
While you are at it … can you explain why the Gold / Silver Ratio is 90 with silver coming out of the ground at a ratio of 10.
Because that does not add up on a daily, weekly, monthly, yearly … or any other basis even with silver demonetized (by the bankers I might add).
But I know where you are coming from … no Debbie downers to spoil the party.
Only thing is that attitude will have you eating bugs before you know it.
Party on dude
It’s one freaking day get a grip captain
We nailed $34 in Silver, you can’t take that fact away. So yes it gets sacked, it was oversold. Stick with the facts and stop pulling on the emotional strings. Sheesh
And there you have it … no joy for the goldbugs allowed …
… they p*ss all over gold and silver and PM stocks today with your own tax dollars to show you who is boss – and in case you are not distracted.
Can you feel it coming down your back … that’s not rain.
Chuckle
Captain Hook @ 10:54
46?
Yes the rebuilding of Ukraine will be interesting to watch. Who benefits? I’d guess Blackrock and their buds will probably be heavily involved. Hey there’s a company which should be split up!
I don’t know who is on the ropes! The world could go in a lot of different ways.
“There are decades where nothing happens; and there are weeks where decades happen.”
― Vladimir Ilyich Lenin (The Commie)
Cheers
Maddog
I’d make that bust into a flower pot. Have flowers coming out the top of his head!
ipso facto @ 10:34
Exactly – How many times do people need to be a** raped by these guys before they wake up? I have always said it lasts as long as people are still eating. They are pushing bugs (that will kill you – and they know it) on you – so we are here.
Let’s hope it’s not too late.
The big thing to watch in coming months is the particulars of the deal to end the Ukraine War.
If Blackrock and the international bankers are allowed to profit (again – at public expense) from the rebuilding of Ukraine (as per the traditional model of these families cashing in on the ruin they create since Napoleon) – if Putin allows this (we know Trump will because Larry Fink owns him) – then we have a really big problem.
If the Russians control the rebuild that’s different – but it will never be allowed.
So, you think the illuminati is on the ropes according to Trump and mini-me? – think again – they are about to cash in big time and their power increased.
Excuse me but I think I am going to be sick.
