This Is Why Things Can Change In A Hurry In Major Markets
On the heels of the Nasdaq hitting all-time highs and crude oil and gold moving higher, this is why things can change in a hurry in global markets.
On the heels of the Nasdaq hitting all-time highs and crude oil and gold moving higher, this is why things can change in a hurry in global markets.
Today Rick Rule spoke with King World News about the recent carnage in the gold and silver markets and said he believes we are at the end of the panic selling in gold, silver and the mining shares.
Fred Hickey of the High Tech Strategist had this to say about the state of the gold market today and what it will take to achieve liftoff
With the Dow holding above 26,000 and the Nasdaq trading above 8,000, this indicator just shocked people by hitting an 18-year high.
On the heels of the recent rally in gold, many are asking if we are seeing short covering in the gold market. Here is one indication that may in fact be the case.
As we begin the final week of trading in August, here is what is moving markets across the globe.
As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies, told King World News that the price of gold is about to skyrocket as we enter the “Dark Years.”
At the end of a wild trading week, was this the real reason for Friday’s huge move in the metals?
Bullion banks are now in one of the most bullish trading positions in the gold market in the past decade as they have already tightened the noose around hedge funds and speculators that are massively short the gold market. Now they are preparing to unleash a historic short squeeze.
On the heels of the recent chaos in global markets, it appears that the “smart money” is now betting big on safe havens!