On the heels of the recent takedown in the gold futures market, King World News has gotten word from London that we are now seeing shortages of physical gold and unheard of delivery times. In other words, the paper gold market, as always, continues to be bullshit.
The Great Shakeout in the gold and silver markets has blown out a lot of the speculative money but it’s possible we may still see more volatility.
If you are worried about the recent action in the gold and silver markets, take a look at this…
Today one of the rising stars in the business told King World News that investors need to ignore the volatility in the gold and silver markets, step back a look at the big picture.
On the heels of the Dow tumbling roughly 450 points, investors should expect a lot more volatility and “transitory” inflation was always bullsh*t.
Today one of the greats in the business warned people to expect a wild ride in 2022 because we will see DRAGFLATION instead of STAGFLATION, a scenario much worse than the 1970s fiasco.
With inflation now rivaling what was seen in the 1970s, this is why you must own physical gold in this great inflation where money is being destroyed.
As we get ready to kickoff trading in the month of December, look at these stunning charts, plus gold and mining stocks.
As we come to the end of trading for the month of November, here is a look at silver preparing for liftoff, easy money, more inflation and Fed un-taper?
Silver bottoming formation suggests strong year-end rally but look at what else is happening.