Gold Price Needs To Skyrocket 9x To Equal 1980 High!
The price of gold needs to skyrocket 9x to equal 1980 high, plus a fascinating email from a King World News reader.
The price of gold needs to skyrocket 9x to equal 1980 high, plus a fascinating email from a King World News reader.
The last time this happened the price of gold double. It also appears that Silver Open Interest has collapsed.
Higher inflation is coming as commodity prices continue to push higher. Take a look…
Don’t be fooled by the shenanigans in the paper futures markets, rising oil prices are wildly bullish for gold and silver.
Conditions Are Much Worse Today As Yields Surge September 2 (King World News) – Peter Schiff: If a 4.8% yield on a 10-year Treasury seems high, during the 1970s the average yield was 7.5%. During that decade the national debt averaged about $500 billion, 1/80th of its present size. Yes, inflation as measured by the now rigged CPI was higher then, but that’ll soon change. The average yield on
Sell tech, buy miners: Gold & silver rebounding as insane money printing continues unabated.
Demand for physical gold and silver is likely to reemerge, plus this just hit the highest level since 2008.
This jaw-cropping chart is one for the history books.
Gold surged last time this happened.
Investors need to own physical gold and silver as US annual interest expense just hit the highest level since 1991!