I decided to apply Martin Armstrong's Pi model of Economic Confidence to the demise of the dollar and predictive gold. The graphic below shows the ascent of Gold to new highs of $8300 dollars in 2018 based on the 4.3 year cycle and the private long cycle of 51.6 years that Armstrong developed. As Armstrong said last week in this article it looks like the period 2015.75 through to 2020.05 is going to be a lot worse than this present one has been.

I have plotted previous figures for gold and when I predict gold will hit an all time high. It doesn't really matter after that as fiat will cease to exist in its present form.

So it's either a slow fuse for the dollar and/or the sudden crushing debt of unfunded liabilities which will eventually bring down the dollar and with it the world financial system. It will probably be both. Please click on the image to enlarge it.

Richard Hartley

http://www.spartacus-news.com

I started taking an interest in Gold and Silver in 2005. My background was IT and I needed a new hobby. Today it has become much more than that and I started Spartacus News following encouragement from Friends who I had helped understand more about investing and gold and silver. This remains today my prime interest.

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

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