Monday, March 26, 2012

Martin Armstrong: Sovereign Debt Crisis to Reach US by 2015

Martin Armstrong discusses the implications of the discovery of tungsten filled gold, gold's recent 17 day decline, and predicts that the sovereign debt crisis will wash up on our shores in the 3rd quarter of 2015 in his latest gold update.  Armstrong's timeline matches up exactly with Jim Sinclair's call for the dollar's collapse in 2015.
Armstrong also states that inflation has passed gold by and gold is due a 'huge burst of price movement' in order to catch up with inflation.

Gold is a good investment NOT because of all the fiat nonsense, but because inflation has passed it by and there will be a huge burst of price movement. That will come when the Sovereign Debt Crisis hits the USA and that does not seem likely until 2015.75

17.2 Day Decline