The man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that people need to prepare themselves because this global crisis is going to get much worse than what we’re seeing today.
Today one of the greats in the business warned “It’s complete chaos, this is the earliest signs of a crack-up boom.”
There is absolutely no question that the metals saw a big breakout this week.
India’s silver imports are up a staggering 60 times what they were last year. Also, paper gold short sellers will be overwhelmed and a look at more problems across the globe.
Silver and copper had major upside breakouts today, plus a look at stagflation.
The gold market looks ready to shine.
Today James Turk told King World News that this move in gold and silver is long overdue. Turk also said a key breakout level for gold will trigger a move to new all-time highs for the Metal of Kings.
We are seeing massive volume on gold’s upside breakout and mining stocks are surging 4%, but look at this silver surprise.
We are looking at a 1970s-style stagflation where high inflation and a stagnant economy will persist for years to come. Plus monetary tightening is now global and expect historic moves ahead.
Where did all the gold go? Financial radicalization, shortages and outages, plus look at what just hit the highest level since 1974!