Celente – Silver Will Surge Past $50 An Ounce And Hit All-Time Highs
Today the top trends forecaster in the world told King World News that the price of silver will surge past $50 an ounce and hit all-time highs.
Today the top trends forecaster in the world told King World News that the price of silver will surge past $50 an ounce and hit all-time highs.
Here is where the gold and silver markets stand after a wild trading week.
We are seeing a rally after yesterday’s takedown in the gold and silver markets along with reports of more shortages of silver in London.
Below is a bubble alert plus an update on the gold market.
With many people watching the tumble in the gold market, this is how we will know the price of gold has bottomed.
On the heels of the $50 takedown in the gold market, today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that there are major physical shortages in the LBMA and futures markets.
Below is a truly mind-boggling chart, plus Sprott says they now have 100+ million ounces of physical silver and unleashing the reserves.
Sprott Asset Management sent King World News a note stating that silver is headed to $35 and above that level expect price spikes to $47-$119.
With gold and silver trading higher after yesterday’s orchestrated takedown, the massive gold and silver bull markets are just getting started. Look at these remarkable charts and more.
After today’s pullback in gold and silver it is important to take a look at the big picture.
Curious timing; after the big rally in the silver market yesterday, JP Morgan decided today they would downgrade silver stocks, but this is even more stunning.
What a way to kickoff trading in the month of February as the silver market surged over $30 at one point during trading. Look at who just predicted we will see $2,500-$4,000 gold and $57-$130 silver.
As we kickoff the week, the price of silver is soaring today as the shorts are being squeezed and a $50 price target was just issued, but look at this surprise.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that the bullion banks are now short 100 million ounces of silver on the Comex and there is no liquidity in London.
In what may be seen in the fullness of time as the first wave of the public entering the silver market, Robinhood silver traders may break the Comex and seriously hurt some bullion banks.
Central banks have created a Niagara Falls of printed money and debt, gushing down chaotically all over the world.
As the price of gold surges over $30 and the price of silver soars 6.5%, it appears there is no liquidity in the silver market in London and that “could destabilize all PM (Gold & Silver) contracts” as the Reddit silver short squeeze continues.
As the Reddit army of traders target the silver market, today the man who oversees nearly $160 billion says the price of silver may be poised to skyrocket.
On the heels of the Reddit trading army entering the silver market, here is an update on a wild day of trading in silver.
The following back and forth took place regarding the Reddit Silver Shocker with one of the most respected CEOs that runs one of top performing silver companies in the world.
[PR Newswire] – TORONTO, June 11, 2015 /PRNewswire/ – Alamos Gold Inc. (“Alamos”) (TSX/NYSE:AGI) and AuRico Gold Inc. (“AuRico”) (TSX/NYSE: AUQ) today announced that Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co., LLC (“Glass Lewis”), two leading proxy advisory firms, have recommended that both Alamos and AuRico shareholders vote FOR the plan of arrangement to combine the two companies at their special meetings of shareholders to be held
[Marketwired] – Alamos Gold Inc. and AuRico Gold Inc. today announced that Institutional Shareholder Services Inc. and Glass, Lewis & Co., LLC , two leading proxy advisory firms, have recommended that both Alamos and …
[CNW Group] – Leading Independent Proxy Advisory Firms Recommend Alamos and AuRico Shareholders Vote in Favour of Proposed Plan of Arrangement
[PR Newswire] – BMO Capital Markets acted as Co-Lead Arranger, Joint Bookrunner and Administrative Agent, and Canadian Imperial Bank of Commerce and The Bank of Nova Scotia acted as Co-Lead Arrangers, Joint Bookrunners and Syndication Agents. The lending syndicate also included Royal Bank of Canada, The Toronto-Dominion Bank, HSBC Bank USA, N.A. and Export Development Canada, acting as Co-Documentation Agents, and Bank of Tokyo-Mitsubishi (UFJ) (Canada), Mizuho Bank, Ltd., Sumitomo