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.

Position yourself for free after watching the video on eCommerce at www.nenosplace.ipronetwork.com

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


The Declining Level of Confidence in Govt. & Gold

Share
avatar
Lobo
Moderator
Moderator

Posts : 26747
Thanked : 1364
Join date : 2013-01-12

The Declining Level of Confidence in Govt. & Gold

Post by Lobo on Thu 04 Feb 2016, 12:42 pm

The Declining Level of Confidence in Govt. & Gold

Posted on February 4, 2016 by Martin Armstrong


QUESTION:  Martin, You have said on multiple occasions, that gold will only rise when the Market loses confidence in the Gov’t.This Mid-Benchmark Rally you note here in this article.is this a temporary blip???, temporary rally???, that will still pop and go bust to the low side???
Or are people losing Confidence in Gov’t now??? is that happening hence this rally???
Thanks
SH
ANSWER: Of course there are many of us who have already lost our confidence in government. Odds are you would not be reading the blog otherwise. Granted, more than three million unique viewers read this blog. We are still well below the 10% mark of the U.S. adult population, which is about 23 million, so we are far from that level at this time.
Nevertheless, Donald Trump’s rise in the polls reflects this growing dissatisfaction with government. Social Security goes bust in 2017, and our computer is projecting we will most likely see a collapse in confidence between 2017 and 2020.
Therefore, it is still premature to expect a breakout just yet. Governments are still moving toward negative interest rates. This will help shift capital from PUBLIC to PRIVATE. 
The volatility is still insane. Gold should make a new low this year. However, since we DID NOT get the sell signal in gold at year-end, this is the bounce, so do not expect it to be a breakout just yet.


Population, 2014 estimate318,857,056
Population, 2010 (April 1) estimates base308,758,105
Population, percent change – April 1, 2010 to July 1, 20143.3%
Population, 2010308,745,538
Persons under 5 years, percent, 20146.2%
Persons under 18 years, percent, 201423.1%
Persons 65 years and over, percent, 201414.5%
Female persons, percent, 201450.8%
This entry was posted in Uncategorized and tagged Gold, Gold Bounce by Martin Armstrong. Bookmark the permalink.

    Current date/time is Fri 24 Nov 2017, 4:59 am