GOLD 0.51% $1,391.7 gold futures

posted recently is Martin Armstrong's...

  1. 804 Posts.
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    posted recently is Martin Armstrong's latest:

    http://www.martinarmstrong.org/files/An%20Outlook%20For%20The%20Land%20Downunder%205!2!10.pdf

    where he gives a wonderful and prosperous view of our future in Oz.

    Some of the things that stuck with me:

    1 table of General government net debt interest payments

    2 "There is still a wealth of analysts who see only a Depression ahead ......

    3 his view of Australia as having an economic crisis in the 1980's as a socialist country and a tendancy to "Marxist" thinking and if only it would shed this thinking (think this was written before the new resource tax) - there is a lot of work to be done

    4 Australia has agriculture, mines, and a close proximity to China and is the place of the future

    5 A$ = US$2
    - thats the title of his paper with a great deal of TA and his economic confidence model as it relates to wheat, the AUD, the ASX, the Yuan

    6 And for those who are worried about gold shares:

    AUSTRALIAN GOLD STOCKS WILL EVENTUALLY DELOPE THE TWIN BULL MARKET WHEREAS THE GOLD WILL BE RISING WITH THE $A

    have to thank this guy for cheering me up today as I read his paper!
 
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