US dollar dips as Dow surges, but no need to worry about gold, silver to break key upside level, consumers paying off debt, plus…now that’s a collapse.
Silver To Break Key Upside Level
September 9 (King World News) – James Turk: Failure to hurdle #1 has led Dec silver to test $26 support which so far has held. Gold has held support above $1,900. With Fed’s higher inflation targets coming, it’s reasonable to expect higher precious metal prices after Fed meeting and silver taking another shot at hurdle #1 (see chart below).
Look For Silver To Break Hurdle #1 Shortly
No Need To Worry About Gold
Fred Hickey: “Maybe (Tuesday’s) action will put the worrywarts at ease – those who have been concerned if stocks get smashed – so will gold miners. Gold and miners hit hard in AM but rallied rest of day (again-persistent demand). With a strong $. Major miners closed UP while stock market closed on lows.”…
To learn about one of the most exciting silver plays in
the world click here or on the image below
Consumers Paying Off Debt
The Daily Shot: US credit card balances are down substantially from a year ago. (See below).
Credit Card Balances Collapse Close To 2010 Levels
Now That’s A Collapse
The Daily Shot: Demand for office space has collapsed. (See below).
Breaking Off The Needle To The Downside (ZERO) As Commercial Estate Demand Collapses
Multi-Billionaire Hugo Salinas Price – We Will See A “Coup” In The U.S.
***ALSO JUST RELEASED: Multi-Billionaire Hugo Salinas Price – We Will See A “Coup” In The U.S. As America Approaches Its “Weimar Moment” CLICK HERE.
***To listen to the powerful audio interview with former US Treasury Secretary Dr. Paul Craig Roberts where he discusses the coming crisis, gold, silver, the everything bubble and how it will end and more click here or on the image below.
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