STANDING FOR DELIVERY: Look At What Is Happening Behind The Scenes In The Gold & Silver Markets
After another wild week of trading, look at who is standing for delivery and what is happening behind the scenes in the gold and silver markets.
After another wild week of trading, look at who is standing for delivery and what is happening behind the scenes in the gold and silver markets.
David W. Tice: Founder of the Prudent Bear Fund (BEARX) & CIO of Ranger Equity Bear ETF (HEDG) – Mr. Tice began his investment career in 1988 by publishing Behind the Numbers, an investment research service that focused on “Quality of Earnings Warnings and sell recommendations” for more than 150 money managers who collectively managed more than $2 trillion. Tice sold the fund, BEARX after 10 years in 12/08 it had increased in value at a 8.0% annualized rate, while the S&P 500 lost 1.4% annually…
David W. Tice: Founder of the Prudent Bear Fund (BEARX) & CIO of Ranger Equity Bear ETF (HEDG) – Mr. Tice began his investment career in 1988 by publishing Behind the Numbers, an investment research service that focused on “Quality of Earnings Warnings and sell recommendations” for more than 150 money managers who collectively managed more than $2 TRILLION. Tice sold the fund, BEARX after 10 years in 12/08 it had increased in value at a 8.0% annualized rate, while the S&P 500 lost 1.4% annually…
Trading in the gold market remains bullish, despite a rally in the US dollar. Also, a match made in hell, plus what could possibly go wrong?
On the heels of the price of gold recently hitting new all-time highs, it appears that the elite are now moving to aggressively eliminate cash. This will be the new money.
Despite the pullback, it’s still early days for the gold bull market (great charts in this one), plus gold vs everything.
On the heels of the price of gold tumbling 4% and the US dollar rallied nearly 1%, it’s time to keep an eye on the US dollar.
The total collapse of businesses is shocking.
BUCKLE UP: This may trigger a massive move higher in the mining stocks.
This is another huge gold and silver bull catalyst. Last time this signal was triggered the US dollar quickly collapsed 15% and gold surged 14%, but the big surprise was silver.