Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, told King World News that gold is readying for its largest, most significant bull surge.
Within hours KWN will be releasing an audio interview. Until then…
“Thunderbolt” Move Coming For Gold
September 18 (King World News) – Michael Oliver at MSA: MSA has noted in many prior reports over the past two years that the downward shift in the Dollar Index is likely to prove to be major, but to be sure gold “knew” that was to be the Dollar’s next major trend well before the Dollar even began its recent leg of decline. Gold did not need the obviousness of a Dollar drop to commence what is likely for the metal to be its largest and most fundamentally significant bull move. Dollar’s recent pause in its decline is very much in line with gold’s recent steady holding pattern — likely for both to just be the pause before the next thunderbolt move. Up for Gold and down for the Dollar.
Ray Dalio And Gold
Alasdair Macleod: We were talking about Ray Dalio’s warning that the dollar’s decades-long position as the global reserve currency is in jeopardy because of steps the U.S. has taken to support its economy during the COVID-19 pandemic. Of course, he is dead right. Also, we are about to be hit with a second wave of covid and all the restrictions on economic activity that go with it. The Fed has no option but to increase monetary inflation, not because it achieves anything, but because they can’t stop now. Also, the Chinese have warned they may have to accelerate their sales of Treasury bonds, which could collapse the Fed’s efforts at maintaining the bond bubble and take the dollar down with it. The only protection we have as individuals is to own physical gold and silver.
Within hours KWN will be releasing an audio interview. Until then…
Major Update On The Gold & Silver Markets
***ALSO JUST RELEASED: Post-Fed Meeting: Major Update On The Gold & Silver Markets CLICK HERE.
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