Gold – What Now

Posted by Martin Armstrong - Armstrong Economics

Share on Facebook

Tweet on Twitter

gcnynf-d

September has proven to be the highest monthly closing. The correction is under way and the Reversals have been performing as usual.

January is shaping up to be a major turning point in many markets. All of Asia has been percolating preparing for what appears to be a major Directional Change in 2013. Japan may prove to be one of the best trades on the horizon. Nevertheless, gold is still consolidating building its base. Any rise in inflation will come when interest rates start to rise. Meanwhile, this is how it looks at the current time.

gcnynf-d

gcnynf-w

gcfor-d

 

Asia – Just a Different Beat

 

While turmoil abounds in Europe and Germany resists writing off Greek debt and previous holders of Greek debt squawk about taking a second haircut, Moodys actually upgraded the Philippines. The Indian market has a Double top and looks more like the early stages of Japan in the mid ’80s preparing for an explosive rally. As the West is melting down, Asia is starting to rise its head above the fray. Even in Singapore real estate has continued to boom where the government has demonstrated it is willing to think out of the box and adopt some of the most practical management tools of any country on the planet.

A special report will be provided to the conference attendees in Bangkok covering the currency and share markets for Australia, China (Shanghai & Shenzhen), Hong Kong, India, Indonesia, Japan, Korea, Malaysia, New Zealand, Philippines, Thailand, Taiwan, and Vietnam. This will be an important report for the brightest spot on the globe for the next several years.

cropped-ai-systems-2