Forget the plunge in the Dow because the price of gold is where the action will be if this happens next week.
KWN has now released an audio interview!
A Gold Explosion
June 26 (King World News) – Fascinating email from KWN reader Kevin W: The all-time high for a quarter end close in gold was Q3 in 2012 at $1,772.
Q3 2012 Marked The Quarterly High Close For
The Gold Market Of $1,772
What happens when an all time quarterly high close is taken out?
When The 1974 Quarterly High Was Breached…
Below is what happened after the Q4 1974 all time quarterly high close of $186.75 was taken out, which took place in Q3 of 1978 when gold closed at $217. No looking back for the next 5 quarters as the price of gold nearly quadrupled in price!
In The 3rd Quarter Of 1978 The All-Time Quarterly High Close Of $186.75 (Set In 1974) Was Taken Out…After That The Price Of Gold Nearly Quadrupled In Price!
When The 1980 Quarterly High Was Breached…
Below is what happened after the Q3 1980 all time quarterly high close of $667 was taken out in Q3 2007 when gold closed at $743. In next two quarters gold rallied 50%! Gold then eventually surged 3X in price!
After The 1980 Quarterly High Was Taken Out The Price Of Gold Surged 50% In The Next Two Quarters! Eventually The Price Of Gold Spiked 3X Higher!
Gold Close To Exploding Higher
The bottom line is that the price of gold will explode on the upside after the 2012 quarterly high of $1,772 is taken out on a closing basis, which may happen in the next few days if the price of gold is able to advance next Monday and Tuesday and close above $1,772. ***To listen to the timely and powerful audio interview where Alasdair Macleod discusses this setup with gold being on the verge of a historic breakout that will trigger a massive short squeeze click here or on the image below.
China’s Move To A Gold-Backed Currency
***Also Released: Alasdair Macleod – China’s Move To A Gold-Backed Currency And Impact On The US Dollar CLICK HERE.
© 2020 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. However, linking directly to the articles is permitted and encouraged.