Posted on 03/15/2025 12:42:08 PM PDT by delta7
I am giving a heads up to the general public, Silver at $33 oz is the world’s most undervalued hard asset on the planet….last chance before it to becomes unaffordable.
“As $3000 oz Gold appears to be unobtainable to many, it most definitely will be on its run to $5,000 and beyond.
I am giving a heads up to the general public”
LOL! You posted that in 2014!
Martin Armstrong – Gold Bullion To “Max Out At $5,000 Per Ounce”
Apr 15, 2015, 8:53 AM EDT
This article is more than 9 years old.
– Fall 2015 turning point – civil unrest and riots globally says forecaster Armstrong
– Fed have to raise rates – due to pressure from congress and media
– By 2020 the cost of servicing U.S. debt will outpace defence spending
– European banks will collapse and “blood in the streets”
– Higher rates will also devastate emerging markets who have issued dollar-based debt
– Gold to “max out at $5000 per ounce”
– Advocates diversification and holding bullion coins familiar to public such as $20 gold coins
– “Your portfolio has got to include everything … including bullion”
Renowned financial analysts and trends forecaster Martin Armstrong has said that gold will “probably max out at $5,000 per ounce” as “people lose confidence in government” and that we will see riots and unrest globally in the coming months – the fall of this year.
It a very interesting interview with Greg Hunter of the excellent USAWatchdog.com, Armstrong says :
https://www.youtube.com/watch?v=FvcfYyuMDh8
“Gold rises when people lose confidence in government. It has nothing to do with inflation. So, when you start to worry about government is not going to survive or who’s going to win, that’s when gold rises. Short term, we still have the risk of it going under $1,000 per ounce. It’s going to flip when everything is right. It will probably max out at $5,000 per ounce. . . . You are really talking about a major reset coming. 300 years ago, that was the revolutions against monarchy. Today, it’s going to be revolution against . . . pretend democracy. We do not have a democracy.”
We would slightly disagree with this as research and the historical record shows that gold is a hedge against inflation – particularly virulent inflation as was seen globally in the stagflation of 1970s and the litany of hyperinflations seen in the last 100 hundred years.
Martin Armstrong was accused of running a $3 billion Ponzi scheme and served 11 years in jail under house arrest, including a possible record seven years for contempt of court in a dispute over gold and antiquities. He is a former financial adviser who was Chairman of an investment firm called Princeton Economics I nternational and he is best known for his economic predictions based on the Economic Confidence Model, which he developed.
https://www.goldcore.com/blog/martin-armstrong-gold-bullion-to-max-out-at-5000-per-ounce
“holding bullion coins familiar to public such as $20 gold coin”
$20 gold coins are not bullion.
Paul Rand is pleased.
I meant Ron Paul. He put his whole investment strategy in gold and other metals.
“He put his whole investment strategy in gold and other metals.”
Most in miners of metals.
“Renowned financial analysts and trends forecaster Martin Armstrong has said that gold will “probably max out at $5,000 per ounce” as “people lose confidence in government” and that we will see riots and unrest globally in the coming months – the fall of this year.”
You missed that one along with a few others:
His predictions:
He failed to predict his three bankrupsies.
He failed to predict his losing $700 million of his clients’funds.
He failed to predict he would spend eleven years in the federal pen.
In 2014 he predicted gold would soar to $5,000 in 2015.
In 2014 he predicted that there would be a world financial collapse would occur in 2015.
July 2024 he predicted US cIvil unrest/WAR to happen just before the 2024 elections.
November 2024 he predicted a US civil war would happen the week of Trump’s inauguration with the US breaking up into four new countries in 2026.
December 2024 he said via Socrates that the 2024 elections would be the last in the US.
January 2025 he predicted US civil unrest on May 7.
Good to see you validating Armstrong’s Socrates computer forecasts. Here is yet another ( four dozen interviews since Jan) Armstrong podcast. Enjoy!!
Armstrong’s Socrates computer forecasts are legend with financial institutions and Central Banks….many of the “ little people” like you never even heard of him.
“Good to see you validating Armstrong’s Socrates computer forecasts.”
I note that you never bring up all of your failed predictions, like the one where you predicted that a US civil war would start in Jan. 2025.
I am puzzled by BIS - which ostensibly is a “central bankers bank” and sets standards for bank supervision among its central bank members - would set standards which will make it more difficult for large banks to “fudge” the value of derivatives, and also tie them more strictly to gold.
It seems directly counteractive to politicized central banks, whose goal is to support their nations fiat currency and debt expansion.
One would assume member central banks would want fewer restrictions, not more.
If gold is at $5k silver is easily $100. The thing with silver is that it is a highly industrialized metal as well.
As the price rises, gold and silver will be more economical to mine. Russia has massive “gold in the ground” and this could turn them into an economic powerhouse pretty fast.
The economic turmoil from the result of significant, long term, financial mismanagement is going to cause a lot of pain in the US. I fear that those who have prepared are going to have it slightly easier-but the problems could be so systemic that it would be akin to having a “nice cabin on the Titanic.”
The American Eagle $25 coin is absolutely a bullion coin. As is the 1 oz $50 coin.
I have no use for Ron Paul but he has been a long time gold bug and gold accumulators. It looks like he is being vindicated.
Gold hit lows 1999..... “Gold reached a local low of about $253
per ounce in 1999”
This roughly means gold is 12x higher today.
Apple stock is x higher than 1999? With other hi-techs also performing great, as in many times better than gold
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“Apple stock is significantly higher than it was in 1999. In March 1999, Apple stock traded at a split-adjusted price of $0.32 per share. As of the most recent data available, Apple’s stock price is $213.49. This represents an increase of approximately 66,715% from the 1999 price.”
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“Microsoft stock has also experienced significant growth since 1999. The closing price for Microsoft (MSFT) in March 1999 was $27.53. As of March 15, 2025, Microsoft’s stock price is $388.56, representing an increase of approximately 1,311% from the 1999 price.”
“Fed have to raise rates – due to pressure from congress and media”
You couldn’t miss on that one!
Fed rate was 0.1%!
“The American Eagle $25 coin is absolutely a bullion coin”
It is not bullion as it is an alloy. However, congress gave it an exemption for IRAs.
“This roughly means gold is 12x higher today.”
ETN, my favorite, has gone from 7 to 295 in that time period.
That is about 42x.
Plus all those years with a good dividend.
Forex:
Gold bullion
The term gold bullion describes a large quantity of physical gold that is at least 99.5% pure metal, it can be cast in bars, ingots, or coins.
What is ETN...... I looked and could not find it. Except for Electroneum
“Russia has massive “gold in the ground” and this could turn them into an economic powerhouse pretty fast.”
Italy has more gold reserves than Russia.
The US has 4x that of Russia.
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