Apparently policymakers must for the price of gold higher at this point or face a systemic crash. Also, insanity reigns supreme at central banks and WTF?
2020 has been a wild year with one crisis after another but the top trends forecaster in the world just warned people to expect more food shortages and higher prices, but the crisis will be far worse than people realize.
For investors around the world who are worried about the recent trading action in the gold and silver markets, take a look at this.
After an absolutely wild day of trading, here is a look at the “everything bubble” shocker, gold, silver and US dollar, plus highest level in 70 years!
Forget the volatility in gold and silver because last time this happened the US dollar crashed and gold skyrocketed. Also, a look at miners and a shocking look at real estate.
When it comes to the gold market it appears the rally has room to run, plus here is another gold bull catalyst and look at how many are standing for delivery.
Investors should expect massive bull markets in gold and silver as QE to infinity gets liftoff, but here is the really big surprise.
With the gold market trading near the old all-time high of $1,923, one pro says BTFD because the “Fed Put” now applies to the gold market.
With most everything in financial markets trading higher across the board, including stocks and precious metals, here is a look at another major gold bull catalyst, beware the banker, America’s Main Street revival has reversed, plus gold and the US dollar.
Today one of the top money managers in the world said, yes, China will likely push the price of gold above $20,000, but this is what is really stunning.
Nomi Prins, who meets with people from the Federal Reserve, IMF, World Bank, foreign central banks and high-raking government officials across the globe, just warned chaos is definitely the order of the world right now and this permanent distortion, that is our new reality.
Today the top trends forecaster in the world told King World News that President Trump being diagnosed with COVID is an unprecedented situation and he also warned it’s going to cause a lot of volatility in global markets.
Today London analyst Alasdair Macleod told King World News that bullion banks may need to be bailed out as entities standing for gold delivery just hit an all-time record.
Today James Turk told King World News that gold is continuing to put in a V-bottom as the outlook for precious metals remains bullish.
As the Metal of Kings continues to digest the massive gains from 2020, despite the occasional volatility, gold wins.
Today the man who is connected in China at the highest levels said China is not only going to continue buying gold but they are about to start buying gold mining companies.
Today the Chairman of Saxo Bank UK said investors should buy gold and expect inflation and further asset bubbles.
Just when you thought there wouldn’t be much more carnage, take a look at this economic destruction.
2020 has certainly been a difficult year but you haven’t seen anything yet because according to one of the greats in the business, investors should expect to see $4,800-$9,800 gold. And when it comes to mining stocks, the party has just begun.
With the Dow rallying along with the US dollar, China is almost back to normal, plus a look at economic destruction and good luck.