Behaving like an ass indicator flashing again, plus most bullish macro set up for gold and silver in over 50 years.
Behaving Like An Ass Indicator Flashing Again
June 28 (King World News) – Graddhy out of Sweden: The pm sentiment indicator behaving like an ass is flashing again, as the number of persons doing it is rapidly rising. Last time it gave a signal was at the very end of March, days before the last weekly cycle low…
Billionaire and mining legend Ross Beaty, Chairman of Pan American Silver, just spoke about what he expects to see in the gold and silver markets and also shared one of his top stock picks in the mining sector CLICK HERE OR ON THE IMAGE BELOW TO HEAR BEATY’S INTERVIEW.
GDX vs Gold
Last month we got the pink breakout, this month it is most probably backtesting pink support line. The pink pattern is in turn backtesting the blue 13 year trend lines. And just look at that chart potential upwards – MASSIVE
Gold Now Backtesting Major Breakouts
Potential Upside Is MASSIVE
This chart shows pretty well the importance of this level right here. It is very oversold still. And now it has a nice blue small triangle right on the important trend line, usually a good sign. It needed a few days to digest that sharp drop into the cycle low.
Gold In The Process Of Completing Cycle Low
1970s vs Today
Otavio Costa: The last time real yields reached such low levels was in the 1970s when policy makers called for a war on inflation. Today, they are welcoming it. It’s the most bullish macro set up for precious metals in over 50 years.
Most Bullish Macro Set Up For Gold & Silver
In Over 50 Years!
Also released: Skyrocketing Transportation Costs Ramping Inflation As Monetary Madness Goes Parabolic CLICK HERE.
Also released: Leeb – Expect A Gold Price 10 Or Even 20 Times Higher Than Today And A Crisis In The Silver Market CLICK HERE.
Also released: 2021’s Most Informative Interview About Basel 3 And How It Will Impact The Gold Market CLICK HERE.
To listen to the most informative interview about Basel 3 and how it will impact the gold market going forward CLICK HERE OR ON THE IMAGE BELOW.
To listen to Alasdair Macleod discuss what investors should expect to see next week after Basel III implementation CLICK HERE OR ON THE IMAGE BELOW.
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