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Gary is still looking for greater than 5100 on Nasdaq

Big Al
February 25, 2015

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Discussion
32 Comments
    Feb 25, 2015 25:27 AM

    Adjusted for inflation NASDAQ needs to rise 43% to hit its all time high.

      Feb 25, 2015 25:06 PM

      Gary said “For lack of better words”. Uh-Oh Big Al…..that phrase is contagious : – )

    Feb 25, 2015 25:29 AM

    I am looking for 10,000 on Nasdaq in a few years. Printing money, we can achieve any great numbers.

    Ukraine enters hyper inflation and halted currency trade.

    Feb 25, 2015 25:51 AM

    THIS GUY GARY goes one way one WEEK and the other way the next WEEK………..any way………………….BIG AL……………can you get HARVEY ORGAN on the WEEKEND SHOW as a GUEST. He has not been heard from in a while.

      Feb 25, 2015 25:02 AM

      Mark:
      I’d like also to hear from Harvey Organ. Seems like I heard he was sick when his page disappeared a few months ago.

        Feb 25, 2015 25:31 AM

        THERE IS some TRUTH in what HARVEY has to say…………I think his TIMELINE was off, as well as the FED and the other CENTRAL DICKS doing everything they could to adjust and change the NUMBERS so that HARVEY would not be RIGHT………..and the PEOPLE FELL FOR IT.

      Feb 25, 2015 25:58 AM

      I will contact him.

        Feb 25, 2015 25:48 AM

        THANKS BIG AL, we sure would love to hear from him and to hear his perspectives on the GOLD MARKET going forward…………again AL, this was his last interview on NOV 25, 2014: https://www.youtube.com/watch?v=atGbKSKQ63w HARVEY starts at the 34:00 mark.

    Feb 25, 2015 25:54 AM

    Mark,
    You do realize markets don’t move in a straight line right?

    I’m trying to give listeners my cycles view on where I think the markets are headed.

    Short term gold is due for a bounce. Longer term it looks like it’s still stuck in a bear market.

    Short term stocks are due for a temporary pullback. Longer term I think they are headed for a bubble.

    Feb 25, 2015 25:05 AM

    Al:
    Thought I heard you say Claude Res. was $ .395. My monitor says $.315. Did I just hear wrong?

      Feb 25, 2015 25:09 AM

      Silverdollar, Al’s quoting the price in Canadian dollars.

      Feb 25, 2015 25:00 AM

      Right now, 10.59 pdt it is $0.39 Cdn $

      Feb 25, 2015 25:16 AM

      I have .3074 US$ at the moment.

    Feb 25, 2015 25:01 AM

    The unfortunate reality is that if Gary is right about medical cures (which we all hope for) will extend life expectancy …………and that will exacerbate the financial issues vexing the adequacy of funding for Social Security. I do agree with him that Biotech is the current “go to” sector however

      Feb 25, 2015 25:22 PM

      It would also wipe out many industries dependent on sickness so that they can provide an “economically viable” solution. If everyone gets better, we’ll have a financial crash from industries that thrive on the sick. In particular the pharmaceutical, assisted living, hospital, and outpatient services need a steady stream of sick and injured people.

      It is the same argument for how great free energy (that Tesla invented in the last century) becoming the cure for world’s energy would be. What they forget about is how many displaced industries in oil, gas, coal, nuclear, solar, wind, hydroelectric, batteries, drilling companies, servicing companies,tool companies, manufacturers, etc… would happen with free energy for all.

      Curing the sick and easing people’s pain is noble, but to think it would cure our economic woes misses the point that there are millions of people in the US and hundreds of millions in the world whose whole existence and livelihood would change or be wiped out entirely, which doesn’t sound stimulating to the economy.

    GOOD QUESTION CORY………………

    BIOTEC……….follow the baby boomers, ….boomers have the retirement money, and are set to inherit some cash from WW11 generation. MEDICATION and health care is needed big time for all the overweight boomers from all the sugar they have consumed from coke and fries they have been feed from the big Corporate…. They are finally going to have Viagra for the final fling . Biotec is a no brainer………. jmho

      Feb 25, 2015 25:39 AM

      Hey J, some boomers are in such bad shape, “getting it up” is the least of their concerns.

        Good one chris………..I agree, that there are a lot of boomers in bad shape, ….that is one of the reasons, I feel big Pharma and Biotec,,,servicing 75 million boomers, is a huge market. Most boomers want a quick fix, with a pill or hope of a cure.

      Feb 25, 2015 25:01 AM

      What is Viagra?

      Is that some kind of new miracle drug that they are selling in Florida?

    Feb 25, 2015 25:51 AM

    Gary,

    You’ve been spot on regarding the conventional markets since I’ve been listening to you.
    I think you will be right about the Nasdaq this time as well. Good job man!
    Thanks

      Feb 25, 2015 25:26 PM

      Futurologist Martin Armstrong forecast $5,000 gold for 2016 just over five years ago

      Futurologist, economist and business cycle expert Martin Armstrong forecast ‘$5,000+’ an ounce gold on November 7th 2009 more than five years ago (click here). His thesis has long been that it would not be consumer price inflation that sent gold prices rocketing upwards but a general loss of confidence in governments and by extension paper money or sovereign bonds in a period of deflation.

      This must have been his own assessment and not one of his computer models for at that time he was a prisoner of the US Government in Fort Dix Camp from where his typewritten script and hand-drawn charts became famous and uploaded onto the Internet. His past forecasting record is phenomenal.

      http://www.arabianmoney.net/gold-silver/2015/02/25/futurologist-martin-armstrong-forecast-5000-gold-for-2016-just-over-five-years-ago/

        Feb 26, 2015 26:13 AM

        His low side number was a worst case scenario of 650 which was discussed in a September 2014 interview with Greg Hunter but he also thought a more likely bottom price was 875 to 900 in early 2016. You can see his gold comments at the 33:30 mark of this USA Watchdog interview…..

        Violent War Cycles-Global Economic Decline-Martin Armstrong —USA Watchdog
        http://usawatchdog.com/violent-war-cycles-global-economic-decline-martin-armstrong-4/

          Feb 26, 2015 26:55 AM

          Thanks Bird…Armstrong’s non belief in manipulation, I find hard to swallow. It would be great to see the terms of his release from prison, as it coincided exactly with the gold top in 2011. His super low target (650) may have worked in the last gold bull, due to lack of the internet access.

          Downward management of the gold price with an increased price of shares, may work themselves out by Q4. Moving the goal posts to match the Zig Zags does work. We may expect big money to front run all this, as it is harder for them to accumulate without becoming too obvious. The 2016 election may be used for cover, if it all stays glued together that long.

        Feb 26, 2015 26:04 AM

        +1 stick to his high target which means buy the dips!

        good companies of course.

    Feb 25, 2015 25:36 PM

    TLT is proposing a public offering of about 9M shares at .44 cents. The market is anticipating it’s a done deal.