With gold and silver prices surging today, expect miners to be the new growth stocks. Plus a look at highest level ever, and “We maintain a bullish outlook” for gold.
KWN has now released this week’s audio interview!
Despite Pullback, “We Maintain A Bullish Outlook” For Gold
August 20 (King World News) – Ole Hansen, Head of Commodity Strategy at Saxo Bank: Spot Gold and Spot Silver dropped yesterday following the Fed minutes … as they were taken as being gold negative given the lack of commitment to yield-curve control. The metal however has so far managed to bounce after finding support near the previous high from 2011. In our latest commodity webinar we focused on the developments that have driven gold and silver to these elevated levels while also highlighting the reasons we maintain a bullish outlook. An outlook that hasn’t changed following yesterday’s FOMC minutes. Gold will however, as we have warned this week now face a period of elevated volatility as the market needs to adapt and adjust to these new higher levels. Resistance at $2015 with support in the $1900-$1920 area…
To learn which company Eric Sprott just bought a 20%
stake in click here or on the image below
Highest Level Ever!
SentimenTrader: Gamma Exposure is at its highest level ever!!! The previous record was in January 2020, a month before stocks collapsed in the fastest bear market ever. This market is all greed, no fear! (See below).
WARNING: “This Market Is All Greed, No Fear!”
What A Joke The Downdraft Was
Lawrence McDonald, Former Head of Macro Strategy Société Générale: Just the slightest inference of balance sheet restraint, just a crumb, produces this move in gold. All the gold webinars about mine replacement costs, geologists – engineers feasibility studies, etc. Are all VASTLY subordinated to just a few words from central bankers. (See below).
Just A Few Words From Central Bankers…
Plus A Little Manipulation
MINERS: The New Growth Stocks
Otavio Costa: On days like today it’s important to remember the level of opportunity still ahead of us. Miners are about to become the new growth stocks of this investment cycle. (See below).
BIG PICTURE…FORGET THE NOISE:
Gold & Silver Mining Stocks Will Definitely Skyrocket
KWN has now released this week’s audio interview!
***To listen to one of the most powerful audio interviews of 2020 from the man who advised people managing more than $2 trillion click here or on the image below.
GOLD BULL JUST GETTING STARTED
***ALSO JUST RELEASED: GOLD BULL JUST GETTING STARTED: Despite Pullback, It’s Early Days For The Gold Bull Market, Plus Gold vs Everything CLICK HERE.
***To listen to Gerald Celente discuss his warning of “hell on earth,” plus gold, silver, major markets, and much more click here or on the image below.
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