Gold Surges $50 As Silver Attacks 13 Year High

Today the price of gold is surging $50 as silver attacks a 13 year high.

Gold
July 1 (King World News) – Graddhy out of Sweden:  Gold went sideways and now at the red parabolic trend line again.

Timely since US dollar is breaking down again.

Shared this setup first time at blue breakout. Few believed.

Said at blue breakout that odds favoured gold not backtesting blue line. It did not.

Still on track.

KING WORLD NEWS NOTE: Gold Continues Parabolic Advance As Global Fiat Money Destruction Set To Accelerate

Inflation/Deflation
Graddhy out of Sweden:  This inflation vs deflation index chart was in a range for eight years. Then it broke down for a very probable blue false breakout. Now it is breaking upwards out of a pink bullish falling wedge. Getting prepared for a 2nd inflationary wave is now imperative.

KING WORLD NEWS NOTE: Get Ready For Accelerated Fiat Money Destruction And Increased Inflation

What To Do?
King World News note:  Continue to accumulate physical silver while it remains the cheapest hard asset on the planet.  For those of you invested in the high-quality mining and exploration stocks, patience is required as the sector is still climbing a “wall of terror.”  The XAU has remained at one of the lowest levels in history vs gold.  This will not remain a state of permanence.  Remain patient and accumulate the undervalued shares of the high-quality mining and exploration companies.

JUST RELEASED!
To listen to Alasdair Macleod discuss what to expect next after another wild week of trading CLICK HERE OR ON THE IMAGE BELOW.

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