Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers.

See the footer of the board for our Facebook and My business pages.

Be sure and join our Dinar Only Newsletter Email list. It is located on the right. Your User Account Email when joining the board is for with in Neno's Place use of board information which you can control in your profile settings.

Neno

NOTES:
For "Advertising" with in my board to our Membership and Visitors see our "Sponsor Ad Info" in the Navbar. Neno's Place receives a low of 50,000 views a week to over 100,000 plus many times thru out the year.

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Longest Dinar holding Community. Reach Admin by Private Message. Copyright © 2006-2017


Will Gold Complete the September Rally?

Share

Lobo
Moderator
Moderator

Posts : 18038
Thanked : 883
Join date : 2013-01-12

Will Gold Complete the September Rally?

Post by Lobo on Thu 24 Sep 2015, 12:08 pm

Will Gold Complete the September Rally?

Posted on September 24, 2015 by Martin Armstrong


Gold’s rally into the target weeks for the ECM appear to be linked to the potential crisis in European banking. This has nothing to do with the dollar, fiat, inflation, or whatever. The only reason gold rises is the hedge against real crisis and uncertainty.

Gold may not be sustainable. We really need to see a weekly closing above 1188 to think that there is some sustainability short-term. We need that signal to reach the technical resistance in the mid-1200 level. We have a crisis in confidence and a crisis in German banking during the ECM target on Sept. 30/Oct. 1, which will shake the tree of public confidence on a major global level.
This entry was posted in Future Forecasts, Gold and tagged 2015.75, Big Bang, Confidence, Deutsche Bank, Gold by Martin Armstrong. Bookmark the permalink.

    Current date/time is Fri 09 Dec 2016, 11:26 am