Gold - big picture, showing likely low down around 900 dollars
The red vertical line is the next Martin Armstrong pi cycle date in early oct. 2015, this is likely to be the final low for gold which he just stated on a radio interview today (Sept. 20, 2014), but if gold goes down sooner into this winter to the 900 level then it may drop further to 650 before rallying to 5000 dollars as confidence is lost in western governments debts.
The dow should go to 25,000 next year as capital continues to pour into the us dollar and blue chips seeking safety from Europe's problems, if China attacks Japan that will also drive the dollar up as yen holding leave for the us dollar, of course all this will hurt America's exports. After Oct. 2015 things look like a cliff according to Armstrong, north america is holding up the world's economy right now, everywhere else is already in decline, the next crisis will be worse than 2008, each 8.6 year cycle will produce a bigger crisis until the whole western system collapses by 2032.95 according to Armstrong's model.
The dow should go to 25,000 next year as capital continues to pour into the us dollar and blue chips seeking safety from Europe's problems, if China attacks Japan that will also drive the dollar up as yen holding leave for the us dollar, of course all this will hurt America's exports. After Oct. 2015 things look like a cliff according to Armstrong, north america is holding up the world's economy right now, everywhere else is already in decline, the next crisis will be worse than 2008, each 8.6 year cycle will produce a bigger crisis until the whole western system collapses by 2032.95 according to Armstrong's model.
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