Gold’s Open Interest Has Collapsed…Again
As the gold and silver markets near the completion of the final phase of a multi-year consolidation pattern, gold’s open interest has collapsed…again.
As the gold and silver markets near the completion of the final phase of a multi-year consolidation pattern, gold’s open interest has collapsed…again.
The world is descending into a much-heralded recession but it will be much worse than anyone imagined.
Here is a look at a currency war, “rent too damn high,” and who is guzzling crude oil and commodities.
On the heels of the recent volatility in the gold market, King World News continues to focus on the big picture for gold and it is extremely bullish, which is why it’s so important for investors to ignore the short term noise in the paper futures market.
People around the world need to be extremely careful because another run on banks is happening right now!
Another gold catalyst is happening in the background and that is going to be seen in the form of a wave of massive commodity inflation that has already started. Also, when it comes to the volatility we have been seeing in the gold market, always step back and stay focused on the big picture.
Look at what is about to go up in smoke that is on the brink of default and how it will impact the gold and silver markets.
Even as the US Dollar Index rallies above the 104 level, the gold and silver markets are near a historic upside explosion.
As we kickoff trading this week, financial assets are now set to seriously deflate.
Another crisis is set to ignite and it will surely drive gold and silver prices much higher than what is being quoted today.