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 the price of gold will reverse higher with extreme speed and violence. Oliver also said the gold bears are doomed and gave an update on the situation in the silver market.
Gold and silver prices are now on the verge of being unleashed as the Fed and JP Morgan lose control.
As we kickoff another week of trading in what has been a wild 2021, a great danger is threatening the stability of the global financial system. For each one percent rise this will cause a staggering $3 trillion in mark-to-market losses.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that yes, there will be a historic crash in global assets, but this is the real danger.
WHERE’S THE SILVER? Serious Questions Emerge As SLV Managers Look To Cover Themselves With New Disclosure
With investors becoming increasingly aware of the fraud and outright criminal activity taking place in the financial markets, serious questions are now emerging as the managers of the Silver ETF SLV just issued a new disclosure that made very little sense if the fund is indeed backed by physical silver.
Look at who just said, “Silver is going to at least $200 and gold is going to end up at $20,000.”
As we come to the end of another trading week, keep an eye on gold, but this is potentially explosive for silver.
We are near the end of fiat money and time is running out for investors to prepare.
Look at what just hit the highest level since 2012, plus gold way undervalued, and we are near the end as public gambles big-time.
When it comes to outrageous predictions for 2021, the sun shines on silver.