As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies and metals just warned investors that they must own gold as the global financial system unwinds because cryptocurrencies and ETFs are dangerous.
Here is a look at $1,800 gold, cranking up liquidity and when the bubble pops…
Today Gerald Celente spoke with King World News about how people can prepare for what is coming. He has also been remarkably accurate predicting the movements in the price of gold for many years, stating years ago that the $1,450 breakout would signify a new bull market phase for gold as well as repeatedly and accurately calling bottoms the gold market. Today he also discussed exactly where he see the downside on this pullback in the gold market.
Bullion banks and commercial traders are now all-time record short the gold market!
Alasdair Macleod – Step Back, Look At The Big Picture And Remain Patient In Gold & Silver Bull Market
Today Alasdair Macleod urged investors to take a step back, look at the big picture and remain patient during this consolidation in the gold and silver bull market.
This is a big signal as we come to the end of September.
On the heels of yesterday’s plunge in the gold market, here is a look at what to expect next for gold.
Arthur Cashin, wise to the ways of Wall Street
Thomas Heath, Washington Post: The gentleman ambling across the storied floor of the New York Stock Exchange hardly looks the part of the Wall Street sage. Rumpled and affable, he could be your barber. Put an apron on him, roll up his sleeves and he might be your favorite bartender, right down to the deadpan quips.
Today Art Cashin covers everything from Rome to China, Trump and overseas trading.
The price of gold is still correcting/consolidating, plus severe recession and the Trump card.