Today is a huge breakout day for the gold and silver markets, but gold is still radically undervalued, plus a look at silver’s playbook.

The Growing Disconnect
November 10 (King World News) – Egon von Greyerz:  The growing yet shameful disconnect between market highs and economic lows is getting harder to explain, ignore or deny by the architects of the most artificial, rigged and dishonest market cycle in modern history…

Keith Neumeyer Just Predicted $100+ Silver And $3,000 Gold! TO LISTEN CLICK HERE OR ON THE IMAGE BELOW.

Silver Lining’s Playbook
Top Citi analyst Tom Fitzpatrick:  Silver: Crossed above the neckline of an inverted head & shoulders at $24.81. A daily close above this level would suggest a move up to the target at $28.29 (June 11 high). It also completed a 55-200 day moving average setup with a close above the 55-day moving average on 10/14. This suggests a move to the 200-day moving average at $25.37 which will assist price action towards the June 11 high.

Expect A Silver Surge To $28.30 Level

Gold/Silver Ratio
Gold/Silver Cross: Potential head & shoulders top forming with a 72.78 neckline. A close below the neckline would suggest a move to the target of 65.19.

SILVER SET TO OUTPERFORM GOLD:
Gold/Silver Ratio May Plunge To 65.19 From 72.78

Additional catalysts include…

  • Bearish outside day today which will be completed with a close below 74.57.
  • The pair completed a 55-200 day moving setup with a close below the 55-day moving average on 10/15 which suggests a move to the 200-day moving average at 70.79.

These developments in conjunction further support Silver strength into year end.

15% Inflation???
Alasdair Macleod:  If the official CPI is up 6.2%, one wonders what Shadowstats would make of it: over 15%?? Central banks’ joint narrative of transient looking increasingly like statist propaganda and they have a real problem on their hands.

Gold Radically Undervalued
Otavio Costa:  Now imagine adding Brainard to this:

• +400B of QE
• 0% rates
• Twin deficits/GDP at double digits
• No capex growth among commodity producers
• Green revolution & ESG policies in full mode.

This is a macro regime change and gold remains historically undervalued.

Gold Is Insanely Undervalued At Current Levels!

***ALSO JUST RELEASED: Massive Gold & Silver Break Out! CLICK HERE.
***ALSO JUST RELEASED: BUCKLE UP: The Economy Is About To Crater…Again CLICK HERE.

***To listen to the remarkable audio interview with Matthew Piepenburg where he discusses why the Inflation Tsunami and Gold are about to rock the world CLICK HERE OR ON THE IMAGE BELOW.

***To listen to the remarkable audio interview with Matthew Piepenburg where he discusses why the Inflation Tsunami and Gold are about to rock the world CLICK HERE OR ON THE IMAGE BELOW.

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