BUCKLE UP: Silver & Gold Are Now In Blastoff Mode Along With The Mining Stocks!
On the heels of the recent historic despair that engulfed the gold, silver, and mining share markets, look at what is unfolding.
On the heels of the recent historic despair that engulfed the gold, silver, and mining share markets, look at what is unfolding.
Today 50 year market veteran James Turk told King World News that the recent surge in gold and silver has them ready to blastoff to the upside. This upside blast will include the mining shares.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that the death of the global financial system is at hand.
The bullion banks are becoming increasingly concerned about their short positions as the price of gold closed very close to a major upside breakout above $2,000 and the price of silver continues to surge toward the $25 level.
With the price of gold closing the week above $2,000 and silver surging to $24.40, next week may be a huge surprise for gold and silver investors!
Top Citi analyst from Citi says gold is on the cusp of a major breakout that will send the price to an all-time high.
Despite the extreme bearish sentiment and historic capitulation in the mining space, it is finally time for gold, silver, and mining stocks to be unleashed to new all-time highs.
The world is in danger of a super spike in the price of oil that would create even more inflation. This would of course be extremely bullish for the gold and silver markets.
Look at who is remaining bullish on gold, silver and commodities as 80% of US households are now in worse shape than they were pre-COVID.
If everything is okay with the economy, why is the price of gold surging $22 and back above $2,000, and this indicator collapsing near on the lowest level seen since the 1990s?