Gold and silver have been in a narrow trading range after the price of gold hit an all-time high. The consolidation will soon be coming to an end as the metals continue their uptrend, but here is the most interesting thing.
As we continue to kickoff an election year, this is how bad things are in the United States right now.
Once this begins to roll over, stocks will finally plunge and inflation will soar again.
When there is volatility in the gold and silver markets it is always important to take a step back and focus on the big picture.
As we continue to kickoff trading in 2024, the big picture setup shows the upside mania in the gold and silver markets will soon begin. As Michael Oliver told King World News, it will be a repeat of the upside explosion similar to what unfolded in 1979-80. Here is yet more evidence from Graddhy out of Sweden that we are approaching that upside explosion.
This is why the collapse of the United States and its currency is guaranteed. But as it begins to unfold it will unleash chaos all over the world.
Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, told King World News that investors need to buckle up because 2024 is going to be like a repeat of the 1979-80 mania in the gold market!
Today Alasdair Macleod spoke with King World News about the biggest investment opportunity in 2024.
Today the US dollar reversed lower as the price of gold surged $20 and silver advanced 50 cents on the heels of the US Non-Farm Payroll Report. The dollar his since recovered its losses, the price of gold has retreated along with silver, but here is the big picture.
The price of gold is poised to explode higher as the 3rd great gold bull market gets underway.