Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned investors there is a massive shortage of physical gold in the futures markets and LBMA system.
Bullion banks desperately need a big shakeout in the gold market as their gross short position in the gold market is now at a record $38 billion, plus a major turning point for silver bulls.
Today one of the top money managers in the world told King World News that China has been accumulating silver for years as both gold and silver are finally breaking their chains and heading toward an upside mania.
Today James Turk told King World News gold is now on the verge of a major breakout that will send the price spiking to $1,900.
With the price of gold above $1,800, investors are seeking shelter from the economic storm and may be standing for delivery. Plus debt bomb and another all-time record.
On the heels of today’s pullback in the gold and silver markets, it is a good time to learn from the wisdom of Jesse Livermore.
As we continue trading in the back half of 2020, gold bears have been surprised, this is approaching 2008-2009 collapse levels, plus US dollar troubles.
Here is another all-time record, look at what has been skyrocketing, plus got wood?
Here is a look at gold, silver and ominous headlines, one of the most important trading lessons ever, plus more problems for already crippled restaurants.
The perfect storm is pushing the price of silver toward a historic breakout.