Sprott Says Central Banks Are Buying Gold At A Torrid Pace
Sprott says central banks are maintaining a torrid pace when it comes to gold buying, propelling gold prices to a new all-time high before backing off.
Sprott says central banks are maintaining a torrid pace when it comes to gold buying, propelling gold prices to a new all-time high before backing off.
Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, communicated to King World News that an emotional 24 hours of trading ushered in a $100 trading range in the gold market.
King World News repeatedly reported in recent weeks that the price of gold was headed to a new all-time high. Well, the price of gold soared in overseas trading, hitting $2,152 at one point. The buying was so intense in the gold market and the upside action so violent that it required the Fed’s massive trading room to intervene before the price would back off. The price of gold, however, continues to trade above the previous all-time high. Look at what is happening, but first, a quick note from Michael Oliver.
On the heels of gold surging to all-time highs hitting $2,138 at one point, it appears that hope everything is okay with the global economy and banking system is beginning to die. But the rise to the upside for the gold market is just beginning.
Today the spot price of gold hit an all-time high as the price of silver continued to surge along with the mining stocks.
After gold ended at the highest monthly closing price in history in November, the price of gold is now only $7 from making a new all-time high.
Russia is going to preside over the BRICS starting in January and will push for a gold-backed currency that will be a global game-changer.
Two important collapses are taking place as the price of silver continues to surge and gold threatens its all-time high.
King World News readers around the world need to purchase physical silver before the public starts stampeding into the market to buy sending the price hundreds of dollars higher.
Today the top trends forecaster in the world predicted that as investors across the globe continue to dump dollars, the price of gold will soar.
Today 53 year market veteran James Turk told King World News these are the key levels to watch for gold and silver as they blastoff and begin their journey to all-time highs.
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.
[Marketwired] – Central GoldTrust ; ) today announced that the Board of Trustees has reaffirmed its recommendation that Unitholders should reject the unsolicited offer by Sprott Asset Management LP and Sprott Physical …
[Marketwired] – Lake Shore Gold Corp. today announced production and estimated operating costs for the first nine months and third quarter of 2015. For 9M/15, production totaled 136,200 ounces based on total mill throughput …
[Marketwired] – All amounts expressed in US dollars unless otherwise indicated
[Business Wire] – Goldberg Law PC announces that it is investigating claims of potential misrepresentations by Silver Wheaton Corp. .
[GlobeNewswire] – STEVENSON, Md., July 10, 2015– The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court …
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[GlobeNewswire] – NEW YORK — Morgan & Morgan announces that a securities class action has been filed in the United States District Court for the Central District of California on behalf of purchasers of Silver Wheaton …
[Marketwired] – On July 8, 2015, a class action lawsuit was filed in the United States District Court for the Central District of California against Silver Wheaton Corp. . The complaint alleges violations of federal securities …
Click to view a price quote on GLD. Click to research the Financial Services industry.
Click to view a price quote on GLD. Click to research the Financial Services industry.
[GlobeNewswire] – NEW YORK — The following statement is being issued by Levi & Korsinsky, LLP:
[Marketwired] – Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Silver Wheaton Corp. of the September 8, 2015 deadline to seek the role of lead plaintiff in a federal securities…
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