Silver Futures Hit $67 All-Time High As Gold Closes In On Record High
On a day when the price of silver futures vaulted to an all-time high of $67, and gold came within dollars of a record high, look at what is unfolding.
On a day when the price of silver futures vaulted to an all-time high of $67, and gold came within dollars of a record high, look at what is unfolding.
The bull market in mining hasn’t even begun as the XAU vs Gold remains trapped in the Devil’s Box, but this will send gold and silver mining stocks screaming higher if it unfolds.
This sums up the situation in the silver market beautifully.
If you are wondering why the Fed just initiated QE5, the answer is the US economy is imploding as more than one million layoffs have already taken place in America.
This is all that needs to be said about the recent gold and silver trading action.
This is why the price of silver is poised to skyrocket.
Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, told King World News the historic upside breakouts that just took place are going to send gold and silver prices to levels that will shock the world!
This has been a wild day of trading in the gold and silver markets.
The price of silver futures have surged above $63 as more QE sends metals prices higher.
Fed launches QE5 sending gold and silver higher and the dollar lower.