It “will be devastating,” another day, another parabola in commodities, gold, silver, and an epic short squeeze.
It Will Be Devastating
October 6 (King World News) – Egon von Greyerz: “The transition from a world based on the golden calf and false values will be devastating, and indeed the bitter beginnings are already here. But there is no other way to end an era based on fiat money and fallacious premises.”…
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INFLATION CATALYST: More Shipping Delays
Liz Ann Sonders, Chief Investment Strategist at Charles Schwab: Holy ship
One Year Of Shipping Bottlenecks At Los Angeles
Another Day, Another Parabola In Commodities
Graddhy out of Sweden: NEWC coal, monthly Now at 269 with gap up. Relentless. As said for 2 years – we are in for inflation, not deflation. Emerging fossil fuel energy crisis. THE COMMODITIES BULL MARKET
Coal Flying As Commodities Bull Market Heats Up!
Gold
Graddhy out of Sweden: Gold gapped above red daily cycle trend line and has dipped back below MA10 and recovered 3 days in a row, and today looks to be the 4th, while still holding red daily cycle trend line. We should have a DCL (daily cycle low) at day 36 in place.
GOLD DAILY CYCLE LOW:
Gold Looks To Have Already Bottom On Day 36
Silver
Graddhy out of Sweden: Like Gold, also Silver gapped above red daily cycle trend line, and it has dipped back below MA10 and recovered 2 days in a row, and today looks to be the 3rd, while still backtesting red daily cycle trend line. We should have a DCL (daily cycle low) at day 36.
SILVER DAILY CYCLE LOW:
Silver Looks To Have Already Bottom On Day 36
Ouch!
Liz Ann Sonders, Chief Investment Strategist at Charles Schwab: Nothing to see here.
Epic Short Squeeze!
Silver
James Turk: We will likely find out soon whether the silver break below $22 last week was a 1-day head-fake by desperate shorts manipulating prices trying to shake out some weak longs or a continuation of the downtrend & break of major support. My guess is the former.
SILVER: Downside Head-Fake By Desperate Shorts
***ALSO JUST RELEASED: Celente – The Situation Is About To Get Much Worse In The United States CLICK HERE.
***ALSO JUST RELEASED: SPROTT: The Gold Market Is Poised To Regain Its Strength, Plus This Is The Harsh Reality The US Is Facing CLICK HERE.
***ALSO JUST RELEASED: The Damage “Will Be Epic,” Shortages Continue, Plus Look At What Is Hitting New All-Time Highs CLICK HERE.
***To listen to exactly what levels to watch in the gold and silver markets and much more in this important audio interview CLICK HERE OR ON THE IMAGE BELOW.
***To listen to this powerful audio interview with Alasdair Macleod CLICK HERE OR ON THE IMAGE BELOW.
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