Cycles

I believe the following quote is in reference to Martin Armstrong's cycles work which pinpoints June 2011 as an important turning point.

Cycles are analyzed by comparing their message to what the market is doing. Cycles are not commands from on high dictating to the markets what they must do.

The answer is what is happening now in the market versus what the cycles call for. The cycle calling for gold to decline into June of 2011 was cancelled by the market’s action of blowing through $1372 and never looking back.

The importance of this analytical approach is that it says without any doubt that the gold price is stronger than any accepted commentator believes.

The normal suspects will throw their blocks, but I assure you at only a waste of good money. The price we have spoken about for a long period $1650 will be low. ~Jim Sinclair