Despite the large commercial short positions, the price of gold and silver continue to remain firm. Today James Turk told King World News that the turnaround in the gold market is definitely because of shorts scrambling to cover.
On the heels of wild start to the 2016 trading year, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, just warned that the world now faces an economic disaster. He also discussed the historic opportunity in the silver market.
A legend warned us to be prepared for the massive financial destruction that lies ahead.
With many people wondering what’s next for the markets, today a famed short seller warned that countries may no longer be able to bail out their banks.
Despite the pullback in silver, today a 50-year market veteran told King World News silver will outperform gold by a factor of 4 – 5 times.
On the heels of gold and silver continuing to consolidate their gains from the early part of 2016, analyst David P. out of Europe sent King World News an extremely important chart of silver, along with a brief commentary.
Despite the large commercial short positions, today James Turk told King World News that the gold and silver markets are about to shock market participants.
Peter Boockvar told King World News that we are now seeing the end of central bank influence on markets.
On the heels of wild start to the 2016 trading year, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, just warned that the price of silver may be headed to the stratospheric price of $660 as the world financial system melts down.
Today the top trends forecaster in the world spoke with King World News about why the price of gold is going higher.