On the heels of a historic plunge in gold and silver with banks covering massive short positions.  Here is a look at the aftermath of the carnage.

January 30 (King World News) – Eric King:  “Alasdair, I would just point out the bright spot today was energy on the upside.  They vacuumed oil down several times today and all it did was turn around and go up.  So the big bull market in oil is upon us.

As far as silver and everybody that’s discouraged right now, it’s better to get these things over with quickly.  It’s like ripping off a bandaid — just do it and end it.  I’m looking at silver down 28.62%, that’s unbelievable.  That is true crash mode.  So we might be seeing the lows here.  It’s possible we could drift lower, anything is possible. 

But as Alasdair mentioned, they were probably abusing the price on the downside as much as possible to get their short positions covered.  We’ll see how it plays out next week but don’t be discouraged.  This is a long bull market.  Graddhy’s target for oil is $369 and he has a target on gold of $48,000.  And then for silver, who knows?  It will be up in the stratosphere.  So hang in there and don’t be too discouraged.”  Alasdair Macleod:  to listen to Alasdair Macleod discuss what to expect next after today’s gold and silver takedown CLICK HERE OR ON THE IMAGE BELOW.

Billionaire Pierre Lassonde Predicts Gold Price Will Hit $25,000
This is one of Pierre Lassonde’s greatest interviews ever where he predicts jaw-dropping prices for gold, silver and mining stocks and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.

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Michael Oliver – Historic Breakouts Will Now Send Gold & Silver Prices To Levels That Will Shock The World! CLICK HERE.

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