The ferocious trading action refuses to slow down as the massive short squeeze in the gold market that began in Japanese trading continues on Japan’s TOCOM and the price of gold rips through $1,400.
What a day for gold bulls as the price of gold saw a massive short squeeze in Japanese trading on the TOCOM and the price of gold remained strong during trading in the physical market in London and the paper Comex market in the United States. Here is why there are more fireworks to come.
As the price of gold continues to surge, one pro says, “It’s only day 1 of the (gold) breakout.”
3 of the greats just weighed in on gold’s surge towards $1,400!
With gold on a tear, trading above $1,390 at one point in TOCOM trading, Peter Schiff had this to say…
Here is a note from two of the greats on Fed decision day.
Gold is now on the cusp of a massive breakout ahead of the Fed meeting.
Ahead of Wednesday’s Fed decision on interest rates, Peter Schiff, Art Cashin and Fred Hickey discuss the calm before the storm.
Here is a look at this week’s Fed meeting where dovishness should be bullish for gold.
As we kickoff trading in the back half of June, Peter Schiff discusses gold, plus we are seeing wild prices for baseball memorabilia.