Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that the “dark years” for the world are now starting in earnest.
With the price of gold approaching the $2,000 level, Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, told King World News that “We are on the face of what could be for gold and silver a move in this year that is so dramatic that it erases any prior bull moves in terms of dynamics and percentages.”
The gold market is setting the stage for a massive short squeeze. If it unfolds, the upside will be breathtaking.
The price of gold is continuing to surge and the massive upside breakout now has the Metal of Kings approaching the $2,000 level.
It appears that gold is Russia’s strength, plus this has presaged the last 6 economic and financial crises!
A massive commodity supply shock is unfolding, and for those wondering what to do regarding gold, silver, and the mining shares, here are some charts that might help you step back and look at the big picture.
On the heels of Western sanctions, will Russia demand payment for nat gas and oil in gold? Meanwhile investors are piling into gold and look at what is on the brink of another major upside breakout.
Gold’s next stop should be $2,680, but look at these other surprises.
On the heels of oil spiking, gold surging $50, and the Dow falling, the bears are out of hibernation, expect higher gas prices at the pump, silver’s bottom now firmly in place, plus negative real US GDP.
Today in the gold market we are seeing massive volume…again, plus 1970s on steroids and Kiev is about to fall.