SPROTT: Jesse Livermore, “Be Right And Sit Tight.” Gold May Begin To Anticipate A Fed Pivot
Today one of the greats in the business quoted Jesse Livermore’s famous “be right and sit tight,” warning gold may anticipate a historic Fed pivot.
Today one of the greats in the business quoted Jesse Livermore’s famous “be right and sit tight,” warning gold may anticipate a historic Fed pivot.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that we may see Dow 3,500 and $35,000 gold.
Billionaire Pierre Lassonde told King World News that the price of gold is headed back to $2,000.
We have a major banking crisis unfolding involving as many as 6 Globally Systemic Important Banks.
It has been a dramatic week for gold and silver as the uncertainty over the crisis in Europe continues.
Stocks and housing prices need to collapse another 40% just to get back to the median.
Expect more massive market turmoil as things are breaking but gold is about to shine again.
Egon von Greyerz warned about the grim choice central planners now face, systemic collapse or currency collapse. Plus a major update on the real estate market.
Here is a look at gold’s fake breakdown and “Super-Intelligent” AI.
Today legend Pierre Lassonde told King World News that we just saw a major bottom in the gold market.
Lassonde is arguably the greatest company builder in the history of the mining sector. He is past President of Newmont Mining, former Chairman of the World Gold Council and former Chairman of Franco Nevada. Lassonde is one of the wealthiest, most respected individuals in the gold world, and as always King World News would like to thank him for sharing his wisdom with our global readers during this critical period in these markets.