Another who sees 2015-16 as likely time for low - 8 year cycle. Isn't that M armstrong's timing too? Adens - worst case scenario $1000. But also say decline might be over - Huh? http://www.marketoracle.co.uk/Article41675.html?
Yes....as the outside date....it may happen between now and then......it appears that this would be the best possible outcome for gold ....even touch below 1000 dollars.....as this would provide the backbone to a really good blowoff 4 to 5 years later......this is what I am working off as Armstrong is the only one so far to have really understood the flight of capital and not just charting
I think gold will be at new highs in this period 2015 - 2016. The low is in 2013, have we seen the low? Time will tell Or September will tell....dooh!
Jim Sinclair had a scenario that seems to me quite feasible. Low is in. Next move to 2400 thereabouts over the next two years and hammered down again around 2016 then to $3500 and beyond, probably to $5000, in 2017-2018 when it contributes to a newly defined international currency. Makes sense to me on a number of levels, not the least of which is that these look like 'sane' numbers for gold. At the risk of being hoisted on my own petard I'll say that the 1930's gold scenario will never repeat. p.s. Found his view of the reset
