Posted Dec 24, 2013 by Martin Armstrong
Spot Gold 1789 – 2012
Here is gold in NOMINAL dollars back to the start of the USA in 1789. Taking the 1869 high and the 1980 high, the support starts in the 1100 level. But the oscillators are high and that was another confirmation that what goes up must come down. The closing for gold BELOW 1400 for year-end will confirm lower prices into next year.
We will include a view of the precious metals in the Cycle of War & Sovereign Debt Crisis Conference March 21st in Philadelphia. This will be an important session for the average person. To survive anything, you FIRST must identify what it is. With the Cycle of War hitting in 2014, this is going to be a very important period in all our lives.