Today one of the greats said this will be the big test for the gold market. He also discussed the fascinating message he is getting from the silver market.
“That’s The Message I Get From Silver”
June 25 (King World News) – Alasdair Macleod: “Gold is up about $7 at 0830 UK time, while silver is DOWN a few cents. Clearly, we can only be in the early stages of a fundamental shift of market perceptions. The tide has turned, but the ebb for the dollar has hardly started. That’s the message I get from silver.”…
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This Will Be The Big Test For The Gold Market
Alasdair Macleod continues: “The test for gold will be when someone in the middle of the night drops 10,000 Comex contracts on the market in a blatant effort to drive the price down. It will happen, not least because if the price keeps rising some bullion banks will be in trouble.”
Major Warning For The Stock Market
Top Citi analyst Tom Fitzpatrick: “Consumer confidence peaked in January 2000 only to see the S&P turn off the highs 2 months later. It then peaked in July 2007 only to see the S&P turn in October that year…how far has the S&P moved from high to low when we have seen similar moves in 2000 and 2007? (See chart below).
WARNING: Consumer Confidence Today Mirrors 2000 & 2007, Just Prior To Stock Market Collapses
Turk – What The Gold Rocket Launch Means
READ THIS NEXT! James Turk – This Is What The Rocket Launch In Gold Means, Plus What To Expect Next CLICK HERE TO READ
More articles to follow…
In the meantime, other important releases…
CAUTION: Warning Signal Flashing Gold May Soon Correct To Consolidate Gains Even As Tidal Wave Of Money Pours Into Gold CLICK HERE TO READ
Gold Surges Above $1,430 On Strong Physical Demand In Asia, But A Serious War Is Raging In The Silver Market CLICK HERE TO READ
FEAR INCREASING: Record Gold Buying Spree Continues – Gold Hits $1,425 And Look Who Is Beginning To Worry CLICK HERE TO READ
Price Of Gold Is On A Tear – 3 Pros Weigh In As Gold Surges Again, Vastly Outperforming World Currencies CLICK HERE TO READ
Michael Oliver worked directly with the Chairman of the COMEX in the 1970s bull market in gold and silver and he also called the 1987 stock market crash!
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