GOLD
2020 has certainly been a difficult year but you haven’t seen anything yet because according to one of the greats in the business, investors should expect to see $4,800-$9,800 gold. And when it comes to mining stocks, the party has just begun.
With the Dow rallying along with the US dollar, China is almost back to normal, plus a look at economic destruction and good luck.
This could turn into a serious problem after the US election or even before.
Today weakness in the US dollar ignited gold, silver and miners, but this is the shocking thing about this rally.
With the US dollar trading lower, this is the next key level for gold, plus consumer confidence, monetary policy and real estate.
This chart of the day is mind-blowing.
Silver has a major underlying base, that’s a lot of pessimism, what will hold its value, inflation and deflation, plus highest level in history!
Here is a contrarian gold alert, gold now in backwardation, ominous sign for the US dollar, plus a bonus interview!
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned we will soon see the US dollar crash and a new world currency will be unleashed.
Today London analyst Alasdair Macleod told King World News that big money is aggressively buying the takedown in the gold market, and this is creating a major problem fo the bullion banks.