Gold Market Set Up For A Big Short Squeeze
The gold market is set up for a big short squeeze.
The gold market is set up for a big short squeeze.
Central bank gold purchases have increased a staggering 500% since 2022! In case anyone is wondering how the price of gold and silver corrected so aggressively in that environment, well, let’s just say the powers that be love to use psychological warfare against anyone invested in the gold sector. But at the end of the day, gold will always win.
Today Nomi Prins, who has given keynote speeches to the World Bank, IMF and Federal Reserve, spoke with King World News to answer the all-important question, did gold and silver just bottom?
Nomi Prins: Keynote speaker who addressed the Federal Reserve, IMF and the World Bank – Nomi is also a renowned journalist and author. Her latest book, “COLLUSION: How The Central Bankers Rigged The World” In this searing exposé, former Wall Street insider Nomi Prins shows how the 2007-2008 financial crisis turbo-boosted the influence of central bankers and triggered a massive shift in the world order. She was also on a Federal Reserve Advisory Council…
Nomi Prins: Keynote speaker who addressed the Federal Reserve, IMF and the World Bank – Nomi is also a renowned journalist and author. Her latest book, “COLLUSION: How The Central Bankers Rigged The World” In this searing exposé, former Wall Street insider Nomi Prins shows how the 2007-2008 financial crisis turbo-boosted the influence of central bankers and triggered a massive shift in the world order. She was also on a Federal Reserve Advisory Council…
Open Interest in the silver market has now plunged below the 2020 & 2013 lows setting up a capitulation moment.
Alasdair Macleod has been working in the financial world since 1970 and been a Member of the London Stock Exchange for nearly five decades. His experience encompasses commodities, gold, silver, equity and bond markets, fund management, corporate finance and investment strategy.
Alasdair Macleod has been working in the financial world since 1970 and been a Member of the London Stock Exchange for nearly five decades. His experience encompasses commodities, gold, silver, equity and bond markets, fund management, corporate finance and investment strategy.
Published without further comment.
After the brutal takedown, watch this key level in the gold market.