ALERT: More Reports Of Shortages Of Silver In London
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.
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.