Gold Falling out of Favor – Now they Count on Apple Watches?

Apple-Watches

COMMENT: 

Mr Armstrong,

The gold world is running out of stories for the public. First it was no gold at Ft. Knox, then manipulation, then a Chinese gold standard, hyperinflation, German repatriation, the Swiss vote and the best but weakest story, now.

REPLY: I seriously doubt Apple will save gold. True, the excuses just keep coming. How long can they last? Fundamentals are used to suck people in all the time. But in truth, gold will turn only when the business cycle is ready on a collective basis. The pitch has been endless and they have hurt so many people. Everything is connected. No market moves contrary to the entire world.