It appears that the takedown in the gold and silver markets has shaken even the most ardent believers.
November 10 (King World News) – Eric King: “If you would have told me that the state of the market at $1,940 gold would be this insanely capitulated, I would have said, ‘Alasdair, I don’t think so, that’s only about $130 off the all-time high, I don’t think it will be anything like that,’ and yet here we are.”
Alasdair Macleod: “You are absolutely right. If you look at the performance of both gold and silver, they’ve broadly tracked sideways while Open Interest on COMEX has gone down. What does that tell us? It tells us that…to continue listening to Alasdair Macleod discuss the takedown in the gold and silver markets and what to expect next CLICK HERE OR ON THE IMAGE BELOW.
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