As we get ready to kickoff trading in the month of September, look at what is happening with gold, silver, US dollar and stocks.
US Dollar
August 31 (King World News) – Alasdair Macleod: USD trade weighted hits new low (see below):
Gold
And this is gold (see below).
Gold Closing In On Major Upside Breakout
Silver
Silver’s looking good on this daily chart – just broken out imo (see below).
Silver Preparing For Major Upside Breakout
Caution On The Stock Market
Liz Ann Sonders, Chief Investment Strategist at Charles Schwab: S&P 500’s relative strength now at highest (most overbought) since January 2018 (see chart below).
S&P Most Overbought More Than 2 1/2 Years
Billionaire Eric Sprott Buying
To find out which company billionaire Eric Sprott just bought a 12% stake in click here.
***To listen to the timely audio interview that includes price forecasts for gold and silver for the last few months of 2020 click here or on the image below.
Warren Buffett’s Latest Move, Euphoric Land, Plus Gold & Silver
***ALSO JUST RELEASED: Warren Buffett’s Latest Move, Euphoric Land, Plus Gold & Silver CLICK HERE.
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