WHAT A WEEK: Big Breakout For Metals
There is absolutely no question that the metals saw a big breakout this week.
Today one of the greats in the business noted this panic has triggered gold’s biggest price collapse in 43 years! He discussed the capitulation and the opportunity for investors.
There is absolutely no question that the metals saw a big breakout this week.
India’s silver imports are up a staggering 60 times what they were last year. Also, paper gold short sellers will be overwhelmed and a look at more problems across the globe.
Silver and copper had major upside breakouts today, plus a look at stagflation.
The gold market looks ready to shine.
Today James Turk told King World News that this move in gold and silver is long overdue. Turk also said a key breakout level for gold will trigger a move to new all-time highs for the Metal of Kings.
We are seeing massive volume on gold’s upside breakout and mining stocks are surging 4%, but look at this silver surprise.
We are looking at a 1970s-style stagflation where high inflation and a stagnant economy will persist for years to come. Plus monetary tightening is now global and expect historic moves ahead.
Where did all the gold go? Financial radicalization, shortages and outages, plus look at what just hit the highest level since 1974!
Central banks comment as gasoline prices hit the highest level in 7 years, and interest rates rising but what will happen when stock markets collapse?
We are living through an extremely dangerous time where people are fed a steady diet of propaganda and outright lies as our economic Rome burns.
Look at who just warned $20,000-$50,000 gold is coming as global financial system may see crashes in everything expect gold.
The gold and silver bull markets are about to reassert themselves as one pro says, “People should expect [high inflation and] negative real rates for years to come.”
Caution, this rising inflation can easily turn into hyperinflation.
It’s decision time for gold, plus a look at China, silver and stagflation.
Today legend Pierre Lassonde told King World News that he has been buying high-quality mining stocks and also sent KWN an interesting chart.
Today the man who is connected in China at the highest levels said the price of gold is set to reverse higher, will surge $450.
It “will be devastating,” another day, another parabola in commodities, gold, silver, and an epic short squeeze.
Today the top trends forecaster in the world, Gerald Celente, warned the situation is about to get much worse in the US.
The gold market is poised to regain its strength, plus this is the harsh reality the US is now facing.
The damage “will be epic.” shortages continue, plus look at what is hitting new all-time highs.