The gold and silver markets went into backwardation at today’s lows — below $26 for silver and at $1,700 for gold, which hit a low of $1,699.65 in the paper futures market. Here is what that means.
With the correction in the gold and silver markets nearing its end, central banks have become very concerned about major volatility in interest rate markets.
Here is a look at gold and silver bull catalysts, liquidity train, ice-age, plus the quote of the week.
Today a Swiss firm issued a major report “Gold’s Best Friend.”
This is staggering: anxiety, depression surges as more people can’t pay their bills, plus silver and what you really have to pay to buy gold.
Buckle up, we are headed into some serious inflation as one industry professional said, “Things are now out of control. Everything is a mess, and we are seeing wide-scale shortages.”
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News yes, we are at or very near the low for the gold price, but the world is now heading into a time of great tribulation.
Today E.B. Tucker told King World News that people need to forget about the short-term takedown in the gold and silver markets because we are in the early stages of one of the biggest, most exciting bull markets ever.
After a brutal day in the metals and mining shares, this is a huge revelation for the gold market.
Gold and silver are plunging today but here is the good news…