COMMENT: Mr. Armstrong, I simply needed to thanks in 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 attributable to inflation, however geopolitical tensions. You’ve got been forewarned that when Europe is flirting with battle, the capital will flee, and will probably be on each boat to the USA. We have now gold making new highs, and the Dow can also be reaching new highs. One thing the gold crowd all the time mentioned the alternative. You mentioned gold may check the $5,000 degree attributable to battle as quickly as 2026, I imagine. On the similar time, others proceed to assert that the inventory market will crash and revise their forecasts with each new excessive.
I simply needed to say you’re actually making a distinction. I do know folks steal your work and declare it as their very own. I found some folks created channels and fake to be you on Telegram and elsewhere. I don’t perceive their recreation. You don’t solicit cash. I’m undecided if they’re attempting to spoil your repute. I reported what I encountered to your employees.
I do know you have got more cash 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 certain what’s going on with folks 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 based mostly on Socrates, however sorry, – been there, achieved that. I’m far too busy to handle cash. I’m actually 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 worried, I’ll do a Personal Submit this week. There could be a temporary correction within the share market after this week. However it nonetheless doesn’t look like a significant long-term bear market or crash. So far as gold is worried, the important thing resistance is absolutely $4500 for subsequent 12 months. Gold has to go that, after which it might check the $5,000 degree. Exceeding that degree, the expectations will then soar to $10,000. It will get dicey after $5,000.
If I had more cash than God, I suppose which means folks wouldn’t contribute to any church.
