Gold And Silver Surging As Long Term Unemployment Hits Staggering 39.5%, But Here Are The Key Levels To Watch
Gold and silver are surging as long term unemployment hits a staggering 39.5%, but here are the key levels to watch.
Gold and silver are surging as long term unemployment hits a staggering 39.5%, but here are the key levels to watch.
A Swiss firm just issued this warning about QE-To-Infinity, gold, silver and the Great Reset.
Today the top trends forecaster in the world told King World News that the price of silver will surge past $50 an ounce and hit all-time highs.
Here is where the gold and silver markets stand after a wild trading week.
We are seeing a rally after yesterday’s takedown in the gold and silver markets along with reports of more shortages of silver in London.
Below is a bubble alert plus an update on the gold market.
With many people watching the tumble in the gold market, this is how we will know the price of gold has bottomed.
On the heels of the $50 takedown in the gold market, today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that there are major physical shortages in the LBMA and futures markets.
Below is a truly mind-boggling chart, plus Sprott says they now have 100+ million ounces of physical silver and unleashing the reserves.
Sprott Asset Management sent King World News a note stating that silver is headed to $35 and above that level expect price spikes to $47-$119.
With gold and silver trading higher after yesterday’s orchestrated takedown, the massive gold and silver bull markets are just getting started. Look at these remarkable charts and more.
After today’s pullback in gold and silver it is important to take a look at the big picture.
Curious timing; after the big rally in the silver market yesterday, JP Morgan decided today they would downgrade silver stocks, but this is even more stunning.
The Reddit WallStreetBets group is unleashing the silver price, but this will trigger real panic into gold and silver.
What a way to kickoff trading in the month of February as the silver market surged over $30 at one point during trading. Look at who just predicted we will see $2,500-$4,000 gold and $57-$130 silver.
As we kickoff the week, the price of silver is soaring today as the shorts are being squeezed and a $50 price target was just issued, but look at this surprise.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that the bullion banks are now short 100 million ounces of silver on the Comex and there is no liquidity in London.
In what may be seen in the fullness of time as the first wave of the public entering the silver market, Robinhood silver traders may break the Comex and seriously hurt some bullion banks.
Central banks have created a Niagara Falls of printed money and debt, gushing down chaotically all over the world.
As the price of gold surges over $30 and the price of silver soars 6.5%, it appears there is no liquidity in the silver market in London and that “could destabilize all PM (Gold & Silver) contracts” as the Reddit silver short squeeze continues.
[Market Realist] – Dollar-denominated assets, including gold, are influenced by the dollar’s strength. A strong US dollar is negative for gold and vice versa.
[Marketwired] – Central GoldTrust –
[CNW Group] – Pershing Gold Reports Analyst Coverage Initiated by Rodman & Renshaw
[PR Newswire] – LAKEWOOD, Colo., July 29, 2015 /PRNewswire/ — Pershing Gold Corporation (NASDAQ: PGLC, FWB: 7PG1) (“Pershing Gold” or the “Company”) announces that H.C. Wainwright and Co. LLC, which …
[Marketwired] – Comstock Mining Inc. today announced that it has reached a definitive agreement with John V. Winfield to amend the terms of the operating agreement for its Northern Comstock LLC joint venture, that will …
[PR Newswire] – Golden Star will immediately retire the full outstanding $38 million on its Ecobank loan I, once funds have been received from RGI and RGLD. The initial upfront payment was reduced from $55 million to $40 million as the Company’s drew down $15 million on its existing $25 million Ecobank loan II in advance of the conclusion of the financing. The full amount of the stream transaction remains
[CNW Group] – Golden Star successfully closes Royal Gold Financing
[PR Newswire] – (All dollar figures are in US dollars unless otherwise indicated) TORONTO, July 28, 2015 /PRNewswire/ – New Gold Inc. (“New Gold”) (TSX:NGD) (NYSE MKT:NGD) today announces its 2015 second quarter …