If you are wondering why the price of gold is remaining so well bid, it appears the eurozone doesn’t have the gold to meet their 100:1 leveraged gold derivatives contracts, and the second problem is they don’t have the money to cover the positions either.
It appears that gold has taken the place of the US dollar as the world’s safe haven.
Today Gerald Celente, the top trends forecaster in the world, warned King World News that the escalating Israel-Iran War may lead to nuclear annihilation.
After a wild week of trading in global markets, gold is poised to explode higher, but look at silver.
With the price of gold surging closer to all-time highs, here is the chart of the day.
The US dollar breakdown has gold surging $60. Plus a look at bulls and bears and more “transitory inflation.”
Gold futures surge back above $3,400 but look at this…
Take a look at what is happening with silver and silver mining stocks.
We are entering the final stages of financial collapse, the worst is yet to come.
Here is a look at the most artificial real estate market in the history of the United States.