By Greg Hunter’s USAWatchdog.com
Legendary financial and geopolitical cycle analyst Martin Armstrong warned in late December to be ready for the “Perfect Storm for Debt, Economy, War, Gold & Silver.” The rain and thunder started at the beginning of February, and the storm is just beginning. Armstrong says, “This is where the volatility starts kicking in. I think Europe is so desperate for war. My concern with the Trump Administration is I would not step a foot in there. Europe needs war. You already had the finance ministers of France and Germany say that they may need IMF bailouts. This is why they want war. It’s a distraction. Without war, people are going to figure out what the hell is going on. My pension fund is gone. Everything is defaulting. What’s going to happen? They are basically going to be storming the parliament with pitch forks.”
Where are you going to see volatility? Armstrong says, “The volatility is in everything. You just saw the metals come down. They will probably consolidate before they go back up when people realize that Europe is going to go to war. What will happen? The dollar will go up. Metals will go up. It will be like WWI and WWII. The US became the financial capital of the world because Europe blew its brains out twice. Now, they think the third time is going to be the charm. . .. If there is war in Europe, it will be maybe in the summer. It does not look good.”
One bright spot was the Ukraine/Russia peace plan Armstrong put together at the request of President Trump. Armstrong says, “I did get a letter from President Trump . . . thanking me for writing it. So, it was sanctioned by Trump, and that’s pretty much everything he is doing except for NATO . . .. At the meeting, they told me you are correct. We know we are not going to be at war with Russia.” Let’s hope the US stays out of a coming Russia/Europe war. If we do, you can thank Martin Armstrong who put his peace plan together for Trump for free.
Armstrong also says the illegal alien invasion created by Democrats is the way they are trying to stay in power. Don’t be fooled by the close Dem wins in recent special elections. Armstrong’s “Socrates” computer has seen no advantage for either side for the midterms this year–yet. Armstrong sees the dollar staying strong and says, “You can’t park money in Canada, Mexico, Japan, or Europe. . ..Where are you going to put serious money? The United States is the only place—sorry. This is why the United States is what it is. Big money needs a place to park.”
On gold and silver, Armstrong is decidedly bullish on both metals and says, “This is not the major high. We have too much craziness on the horizon, from sovereign debt default to war. You are just getting a pullback and consolidation. . .. I am looking at the $165 to $200 per ounce area for silver. For gold, I am looking at resistance at the $8,500 per ounce level and, after that, $10,000 per ounce . . . in the next few years.”
