At the end of a strange week that included a Fed rate hike, today a 54-year market veteran told King World News that gold and silver are now the cheapest assets on the planet.
John Embry: Chief Investment Strategist for Sprott Gold & Precious Minerals Fund – John joined the $7 billion strong firm SAM as Chief Investment Strategist in 2003, with a focus on the Sprott Gold and Precious Minerals Fund. He plays an instrumental role in the corporate and investment policy of the firm. Mr. Embry, an industry expert in precious metals, has researched the gold sector for over thirty years and has accumulated experience as a portfolio management specialist since 1963…
John Embry: Chief Investment Strategist for Sprott Gold & Precious Minerals Fund – John joined the $7 billion strong firm SAM as Chief Investment Strategist in 2003, with a focus on the Sprott Gold and Precious Minerals Fund. He plays an instrumental role in the corporate and investment policy of the firm. Mr. Embry, an industry expert in precious metals, has researched the gold sector for over thirty years and has accumulated experience as a portfolio management specialist since 1963…
With so much propaganda surrounding the Fed’s decision to raise interest rates this week, a legendary short seller just warned it’s now “jokers wild” as the Fed is completely out of control.
As we come to the end of a Fed decision week, here is an important update on gold and the mining shares.
With the markets attempting to stabilize after the expected Fed rate hike, many are wondering what is next for gold, silver, and the mining shares?
With the U.S. dollar rallying and gold hovering near $1,250, top trends forecaster Gerald Celente just warned that this trigger for a global stock market crash will devastate the world.
On the heels of the Fed raised rates, today one of the greats in the business told King World News that the Fed is about to make a huge gamble that’s going to end in disaster.
On the heels of the gold market surging back above $1,275 and the price of silver once again trading over $17, today London whistleblower and metals trader Andrew Maguire told King World News that illegal trading activity continues in the gold market and he accused the CFTC of not doing “a f*cking thing about it” as price surges because of trapped bullion banks.
Look at this remarkable chart comparing Bitcoin and gold.
