WHAT TIMING: Curiously JP Morgan Downgrades Silver Stocks, But This Is Even More Stunning
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.
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.
What a way to kickoff trading in the month of February as the silver market surged over $30 at one point during trading. Look at who just predicted we will see $2,500-$4,000 gold and $57-$130 silver.
As we kickoff the week, the price of silver is soaring today as the shorts are being squeezed and a $50 price target was just issued, but look at this surprise.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that the bullion banks are now short 100 million ounces of silver on the Comex and there is no liquidity in London.
Rob Arnott: Founder & Chairman of the Board of Research Affiliates – Rob’s firm RALLC manages and licenses $160 billion and also sub advises mutual funds and ETFs for the Schwab Funds, Powershares and Nomura. He is also portfolio manager on the PIMCO All Asset and All Asset All Authority family of funds and a suite of PIMCO products based on the Fundamental Index® approach. Rob is a 8 time Graham & Dodd award winner…
Rob Arnott: Founder & Chairman of the Board of Research Affiliates – Rob’s firm RALLC manages and licenses $160 billion and also sub advises mutual funds and ETFs for the Schwab Funds, Powershares and Nomura. He is also portfolio manager on the PIMCO All Asset and All Asset All Authority family of funds and a suite of PIMCO products based on the Fundamental Index® approach. Rob is a 8 time Graham & Dodd award winner…
In what may be seen in the fullness of time as the first wave of the public entering the silver market, Robinhood silver traders may break the Comex and seriously hurt some bullion banks.
DUE TO POPULAR DEMAND AND ACCELERATED INVESTOR INTEREST IN THE PRECIOUS METALS SECTOR, WE MADE THE DECISION TO LAUNCH THE NEW KWN METALS WRAP!
DUE TO POPULAR DEMAND AND ACCELERATED INVESTOR INTEREST IN THE PRECIOUS METALS SECTOR, WE MADE THE DECISION TO LAUNCH THE NEW KWN METALS WRAP!
Central banks have created a Niagara Falls of printed money and debt, gushing down chaotically all over the world.