Today the price of gold surged $75 to a new all-time high above $2,070 and silver is soaring $1.70, but look at the other insane market action!
Stephanie Pomboy warned about the last opportunity to buy physical gold and James Turk discusses gold, silver and the coming great wealth transfer.
Today an ex-Senior Fed trader warned we may see a wild scramble for physical gold.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that the “dark years” for the world are now starting in earnest.
With the price of gold approaching the $2,000 level, Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, told King World News that “We are on the face of what could be for gold and silver a move in this year that is so dramatic that it erases any prior bull moves in terms of dynamics and percentages.”
The gold market is setting the stage for a massive short squeeze. If it unfolds, the upside will be breathtaking.
The price of gold is continuing to surge and the massive upside breakout now has the Metal of Kings approaching the $2,000 level.
It appears that gold is Russia’s strength, plus this has presaged the last 6 economic and financial crises!
A massive commodity supply shock is unfolding, and for those wondering what to do regarding gold, silver, and the mining shares, here are some charts that might help you step back and look at the big picture.
On the heels of Western sanctions, will Russia demand payment for nat gas and oil in gold? Meanwhile investors are piling into gold and look at what is on the brink of another major upside breakout.