I have written about this before as well.
I am back again on the same topic.
I have read some stuff from Martin Armstrong.
His models suggest the next important date/time for markets is next week - June 13th - 14th 2011.
I read his recent piece which talks about the same.
I think that we may see some kind of TOP in Gold and a bottom in US DOLLAR on or near this date.
We will judge the results looking back in time 3 - 6 montsh from now.
Martin thinks - we may see a Gold TOP and USD Bottom next week.
From then these markets should reverse - hence Gold should turn lower for some time and USD should start to surge higher.
If this were to happen - lets us see what implications does this have for the markets -
An Up Move in USD would mean -
Weak Equity Markets - at least in Developed World
Weak Commodity - Oil , Gold and Silver as well
Weak Non USD Fx - Weak EUR, GBP , AUD, CAD, CHF and JPY
Widening Credit Spreads -
I think we are about to see sometime this year or next -
I am back again on the same topic.
I have read some stuff from Martin Armstrong.
His models suggest the next important date/time for markets is next week - June 13th - 14th 2011.
I read his recent piece which talks about the same.
I think that we may see some kind of TOP in Gold and a bottom in US DOLLAR on or near this date.
We will judge the results looking back in time 3 - 6 montsh from now.
Martin thinks - we may see a Gold TOP and USD Bottom next week.
From then these markets should reverse - hence Gold should turn lower for some time and USD should start to surge higher.
If this were to happen - lets us see what implications does this have for the markets -
An Up Move in USD would mean -
Weak Equity Markets - at least in Developed World
Weak Commodity - Oil , Gold and Silver as well
Weak Non USD Fx - Weak EUR, GBP , AUD, CAD, CHF and JPY
Widening Credit Spreads -
I think we are about to see sometime this year or next -
- Euro Crash
- One of the PIIGS default
- AUD Crash
- Peak in Equity Mkts
- Peak in Oil, Gold and Silver
- Weak CHF - either due to strong USD or issues with Switz Banks or European Housing
- Crash in Australian Housing Mkt
- Crash in China Eqty Mkts
No comments:
Post a Comment