After a very rough week for the bullion banks, it appears that bullion banks and swap dealers are now facing a crisis in the gold and silver markets as available physical metal very difficult to obtain.
As we head into a long weekend, today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News we are now in the final endgame.
Here is Alasdair Macleod’s take on the final crack-up boom.
“The Fed is now all in. It’s no surprise that gold is up $42 in response.”
As we continue to see volatile trading in the second quarter of 2020, it appears gold may be ready to launch, plus another day another amazing stat.
With tremendous volatility overtaking all global markets in 2020, it’s time to step back and connect the dots.
With the Dow surging, here is a look at gold, silver and restarting the global economy.
Today Alasdair Macleod notes the $46 premium where Comex gold is trading at $1,712, warning it could prove disastrous for bullion banks, plus Hansen looks at record deleveraging.
On the heels of the Dow rallying more than 1,000 points along with gold and silver, today James Turk told King World News that the price of gold should hurdle $1,700 within days, but this will be the big surprise.
Today the man who predicted the global collapse just warned King World News that what is in front of us is truly frightening.