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. You must log in to see and participate in our Dinar sections.

Ever heard of Bitcoin? I encourage you to veiw my 4 minute video about the Bitcoin of Health Care CoinMD. Just load CoinMD.io/StylesMD set up a free 30 day test ride and contact me as needed. I have a Facebook informational page you can request to join for all my mist updates.

Neno

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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2017


Gold & the False Move

Share
avatar
Lobo
Moderator
Moderator

Posts : 27425
Thanked : 1550
Join date : 2013-01-12

Gold & the False Move

Post by Lobo on Fri 19 May 2017, 2:08 pm


QUESTION: Dear Marty, could the current ongoing deleveraging in China cause Gold and Silver to fall beneath 1000$ (Silver under ?) or is this currently no big deal what`s going on in China? Keep up the good work!
Best regards,
B

ANSWER: There are so many fundamentals out there is hard to predict which one causes what. Combined, they are all a nightmare. What is essential, is if we are going to really rocket up in a major phase transition, you MUST always have the false move first. These are just minor swings creating the false move which is always counter to the ultimate trend. To swing down under the December 2015 low will cause people to capitulate and then you will make a run and swing out to new highs.

With the stock market crash into 2009, this was the PERFECT storm, which was a FALSE MOVE. Even Barrons as last of 2011 ran a story saying tongue in cheek how I was forecasting new highs. They thought it was a joke. That’s because these people have never been traders or students of the market. The chart patterns are always the same regardless of the instrument because you are plotting human emotion – not really that instrument.
The most powerful move up for gold requires a false move of a slingshot proportion.
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-the-false-move/

    Current date/time is Thu 19 Apr 2018, 4:53 am