COMMENT: Mr. Armstrong, I simply needed to thanks on your ground-breaking evaluation. I used to be a gold-only bug, and also you opened my eyes to capital flows, explaining that gold rises not resulting from inflation, however geopolitical tensions. You’ve got been forewarning that when Europe is flirting with battle, the capital will flee, and it is going to be on each boat to the USA. We now have gold making new highs, and the Dow can also be reaching new highs. One thing the gold crowd all the time stated the alternative. You stated gold might check the $5,000 degree resulting from battle as quickly as 2026, I imagine. On the similar time, others proceed to say that the inventory market will crash and revise their forecasts with each new excessive.
I simply needed to say you might be truthfully making a distinction. I do know individuals steal your work and declare it as their very own. I found some individuals created channels and fake to be you on Telegram and elsewhere. I don’t perceive their sport. You don’t solicit cash. I’m unsure if they’re attempting to damage your repute. I reported what I encountered to your employees.
I do know you have got extra money than God since you don’t increase your costs, you don’t solicit cash, and also you don’t promote promoting.
Please don’t get discouraged.
Cheers
FDS
REPLY: Thanks for bringing that to our consideration. I’m not positive what’s going on with individuals pretending to be me. I DO NOT RECOMMEND ANY STOCK INDIVIDUALLY, AND I DO NOT MANAGE MONEY. If you wish to learn about a person share that’s on Socrates. Some funds commerce primarily based on Socrates, however sorry, – been there, completed that. I’m far too busy to handle cash. I’m truthfully working seven days every week, from 7 AM to midnight, and I nonetheless can’t get forward of the workload. Anybody pretending to be me, telling you to purchase a selected inventory or promising to handle your cash, is a fraud. Let our employees know.
So far as the market is anxious, I’ll do a Personal Publish this week. There generally is a transient correction within the share market after this week. However it nonetheless doesn’t look like a serious long-term bear market or crash. So far as gold is anxious, the important thing resistance is basically $4500 for subsequent yr. Gold has to go that, after which it will check the $5,000 degree. Exceeding that degree, the expectations will then leap to $10,000. It will get dicey after $5,000.
If I had extra money than God, I suppose which means individuals wouldn’t contribute to any church.
