Despite Pullback, The Gold Market Has Already Seen Its Low
It appears that despite today’s pullback, the gold market has already seen its low.
Yet another gold bull catalyst is emerging. Get ready for another wave of inflation because it’s definitely on the way.
It appears that despite today’s pullback, the gold market has already seen its low.
With the US dollar rallying, gold and silver tumbling, look at what is happening with the real estate market.
This is how bad it has gotten for Main Street America.
On the heels of the US dollar tumbling and gold surging, the last time this breakout happened the price of gold surged $320 in less than 2 months.
With the price of gold trading more than $20 higher and the price of silver surging over 50 cents, this is definitely pushing the price of gold higher today.
On the heels of the US dollar declining and gold and silver surging, big money is now short the US dollar for the first time in months and this is why that will translate into very big gains for the gold market.
With the price of gold and silver surging today, look at what is happening with the cost of living!
Below is a stunning chart of stock ownership from the Silent generation, Baby Boomers, Gen X, Millennials, plus a look at gold, silver, mining stock, and an insane suggestion.
The public is lining up to pull money out of homes at near record levels, but that is not the only surprise.
With continued money printing on the horizon, this is the situation with asset bubbles.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned the terrifying endgame is rapidly approaching.
Today London analyst Alasdair Macleod told King World News that we are now in the eye of a giant storm and it will lead to all kinds of chaos in major markets.
Even with the price of gold still trading in the key consolidation zone of support between $1,900-$1,920, the bullion banks shorts are a powder key that could blow at any moment.
Take a look at this if you want a snapshot of the crazy times we are living in today.
In the midst of this year’s crazy global markets, look at who has been on a huge buying spree.
With the war in the gold and silver markets continuing to rage, look at what is happening with gold, silver and the mining stocks.
There is no question that right now we are seeing some really wild things happening in the real estate and building sectors. Take a look for yourself.
Yesterday’s algo driven selloff failed as gold surged today, plus miners are positioned for a major bull market.
This is lifting gold and silver prices today, plus inflation worries and real estate.
There is massive flight from major cities, but look at what is happening in California, which was once considered a paradise.