Martin Armstrong Sees August Turn For Gold - SilverTrade
Source: SilverTrade
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DW NOTE
Martin Armstrong has been predicting imminent gold rallies since gold was at $1,800. The metal is down 23% from its January peak and sitting at $4,096 — if August is a turn, it will be a turn from a seven-month drawdown, not a breakout.
Oil prices hit the $100 per barrel mark early on Wednesday in Asian trade as the ongoing crisis in the Middle East has diminished hopes of U.S.-Iran talks and a return to normal oil flows soon. As of early morning trade in Europe on Wednesday, the international benchmark, Brent Crude, jumped by 2.2
Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.
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