EXPECT WAR: On the heels of the price of gold surging well above $4,500 and silver futures hitting $72.47, it’s still early days for the gold and silver bull, especially the miners.
Today one of the greats in the business said this is what is really happening with the gold market.
We are seeing volatile trading in the gold and silver markets but look at what is coiled to skyrocket.
Today James Turk told King World News that as soon as the markets opened for trading silver bolted out of the gate!
This is why the price of silver is skyrocketing.
Today Nomi Prins, who has given speeches to the World Bank, IMF and Federal Reserve, told King World News that the price of gold will hit $6,000 in 2026, but silver will be the big surprise.
Today the price of silver and gold hit all-time highs. Take a look at what is propelling prices to record levels.
Take a look at this year end price target for silver.
L0ok at this shocking inflation over the last 5 years…
Look at this jaw-dropping setup for silver and gold.
On a day when the price of silver futures vaulted to an all-time high of $67, and gold came within dollars of a record high, look at what is unfolding.
The bull market in mining hasn’t even begun as the XAU vs Gold remains trapped in the Devil’s Box, but this will send gold and silver mining stocks screaming higher if it unfolds.
This sums up the situation in the silver market beautifully.
If you are wondering why the Fed just initiated QE5, the answer is the US economy is imploding as more than one million layoffs have already taken place in America.
This is all that needs to be said about the recent gold and silver trading action.
This is why the price of silver is poised to skyrocket.
Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, told King World News the historic upside breakouts that just took place are going to send gold and silver prices to levels that will shock the world!
This has been a wild day of trading in the gold and silver markets.
The price of silver futures have surged above $63 as more QE sends metals prices higher.
Fed launches QE5 sending gold and silver higher and the dollar lower.
[Business Wire] – Royal Gold, Inc. recorded the second consecutive quarter of record volume at 65,868 gold equivalent ounces 1 in the first quarter of fiscal 2016 , up 22% from the year-ago quarter.
[Business Wire] – Contango ORE, Inc. announced today that stockholders of record at the close of business on September 23, 2015 will be mailed a proxy statement in connection with the election of Directors of the Company and other matters and will be entitled to vote at the annual meeting of stockholders of the Company.
[PR Newswire] – TSX: SLW NYSE: SLW VANCOUVER, Nov. 3, 2015 /PRNewswire/ – Silver Wheaton Corp. (“Silver Wheaton” or the “Company”) (TSX:SLW) (NYSE:SLW) is pleased to announce that its wholly-owned …
[Accesswire] – TORONTO, ON / ACCESSWIRE / November 3, 2015 / Silver Dragon Resources Inc. (OTCQB: SDRG) (the “Company”) reports that it has signed a Memorandum of Understanding with Shengda Mining Co., Ltd. …
[GlobeNewswire] – Seven-Year Mine Life with Average Annual Production of Nearly 12 million AgEq Ounces. Unit Costs 13% Lower than Last Filed Technical Report. CHICAGO, Nov. 02, 2015– Coeur Mining, Inc. announced that it …
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[GlobeNewswire] – NEWS RELEASE Coeur Reports Third Quarter 2015 Results 15% Drop in Adjusted Costs Applicable to Sales and 17% Decline in All-in Sustaining Costs per Silver Equivalent Ounce Compared …
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Click to view a price quote on GLD. Click to research the Financial Services industry.
[Marketwired] – Endeavour Silver Corp. released today its financial results for the third quarter ended September 30, 2015. Endeavour owns and operates three underground silver-gold mines in Mexico: the Guanaceví mine …
Danish state-owned company Dong Energy A/S plans to set a new world record for the world’s largest offshore wind farm, breaking the existing record currently held by the 630-megawatt London Array, another facility built by Dong. The new U.K. wind farm will be located in the Irish Sea, about 12 miles off the west coast of Great Britain. When commissioned, it will provide enough energy to power almost a half million
WASHINGTON (AP) — A common pesticide used on citrus fruits, almonds and other crops would be banned under a proposal announced Friday by the Environmental Protection Agency.
WASHINGTON (AP) — A common pesticide used on citrus fruits, almonds and other crops would be banned under a proposal announced Friday by the Environmental Protection Agency.
Chevron Corp is slashing 10 percent of its workforce and sharply paring back its budget, with Chief Executive Officer John Watson giving a downbeat view on Friday of an industry beleaguered by low oil prices. A more than 55 percent decline in crude oil since last year has rippled through the global energy industry, forcing producers and their suppliers to make tough decisions. For Chevron, that means cutting its budget
Chevron Corp is slashing 10 percent of its workforce and sharply paring back its budget, with Chief Executive Officer John Watson giving a downbeat view on Friday of an industry beleaguered by low oil prices. A more than 55 percent decline in crude oil since last year has rippled through the global energy industry, forcing producers and their suppliers to make tough decisions. For Chevron, that means cutting its budget
DALLAS (AP) — Chevron is cutting up to 7,000 jobs, or 11 percent of its workforce, the latest indication of the toll that low oil prices are taking on the industry.
DALLAS (AP) — Chevron is cutting up to 7,000 jobs, or 11 percent of its workforce, the latest indication of the toll that low oil prices are taking on the industry.
New York (AFP) – US oil giant Chevron said Friday it was going to cut between 6,000 and 7,000 jobs and continue with asset sales as the company retrenches amid sharply lower oil prices.
New York (AFP) – US oil giant Chevron said Friday it was going to cut between 6,000 and 7,000 jobs and continue with asset sales as the company retrenches amid sharply lower oil prices.
The S&P consumer staples sector slipped 0.63 percent after data showed U.S. consumer spending barely rose in September and the University of Michigan’s index on consumer sentiment came in below expectations. The three major indexes have rallied about 9 percent in October, mostly driven by the Fed’s decision to keep rates unchanged at its September meeting and largely positive third-quarter results. Energy majors Exxon and Chevron reported better-than-expected results, helped
