FSN Martin Armstrong: Huge Amounts of Money Moving Into...
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FSN Martin Armstrong: Huge Amounts of Money Moving Into Bonds-Which Will Evaporate
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In this "FS Insider" Newshour Jim welcomes Martin Armstrong of Armstrong Economics and founder of Princeton Economics. Martin sees a strong trend of financial and economic power moving to Asia. In the US, he notes that stability is vital to economic growth, but that is lacking in Washington. As to the stock market and gold, he sees the next up-cycle for both beginning by summer 2013, with the Dow reaching 20,000 later next year. He sees the "smart money" moving out of bonds and into stocks. Martin believes the strongest up-cycle for gold will be in 2016-2020, when he sees gold prices going parabolic. He sees the civil unrest cycle accelerating in 2014 in the US, driven by layoffs in the public sector.
For advance notice of release of premium, paid "FS Insider" Newshours, go to https://www.tradebit.com and join the Financial Sense email list. Be sure to select "FSN Insider" when you register.
About this item:
In this "FS Insider" Newshour Jim welcomes Martin Armstrong of Armstrong Economics and founder of Princeton Economics. Martin sees a strong trend of financial and economic power moving to Asia. In the US, he notes that stability is vital to economic growth, but that is lacking in Washington. As to the stock market and gold, he sees the next up-cycle for both beginning by summer 2013, with the Dow reaching 20,000 later next year. He sees the "smart money" moving out of bonds and into stocks. Martin believes the strongest up-cycle for gold will be in 2016-2020, when he sees gold prices going parabolic. He sees the civil unrest cycle accelerating in 2014 in the US, driven by layoffs in the public sector.
For advance notice of release of premium, paid "FS Insider" Newshours, go to https://www.tradebit.com and join the Financial Sense email list. Be sure to select "FSN Insider" when you register.
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