Saturday, 25 April 2009

Gold should be strong into June

Gold began its rise this week after the Martin Armstrong turn date of April 19th and began its rise this week which should take it higher into June.

Some pundits are saying that this is the beginning of Wave III, a wave that with its minor waves could go on for some time. We'll see, of course, but gold by the end of the year should have proved to have been an outstanding investment.

The really big rises in gold are expected in 2010 when inflation will be rampant all over the world.

I expect a major stock-market crash during the month of October with stock indexes gradually declining over most of the summer. October will mark the the 32nd month from the Dow's "top" in mid February 2007. It might be a good point to pick up a couple of tech stocks in November.

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About Me

I teach Film, Media and English Lit.