Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that there is enormous strain on London Gold Pool II as Swiss refiners say gold and silver demand from India and China is strong.
As we get ready to kickoff trading in April, the gold market has become so tight that entities are now having to take delivery of gold from the Comex as a last resort.
March 26 (King World News) – Danielle DiMartino Booth at Quill Intelligence: Before he penned “Somewhere Over the Rainbow,” E.Y. “Yip” Harburg wrote an anthem to the working man. Released just before Franklin Delano Roosevelt was elected to office as part of the 1932 musical Americana, “Brother, Can You Spare a Dime?” became the best-selling song of the Great Depression.
This chart indicates the correction in the gold market has ended. It also reveals another interesting surprise.
As we kickoff the final two trading days of the week, here is a look at rip roaring recovery plus a few other big surprises.
The chart and comment below says it all…
2021’s biggest trend will change the world forever.
Gold and silver continue there long consolidation after big gains in 2020, but here is the good news.
A tidal wave of money is going to pour into this sector and it will ignite gold and silver prices.
Today one of the greats in the business warned a new black hole in the financial system may be forming.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that the price of gold is now headed to $3,000, but he’s been receiving some interesting emails.
With increased chaotic trading in global markets, this is by far the most important thing you will read about gold in 2021.
Bullion banks and hedge funds are making moves in the gold and silver markets.
Today a Swiss firm released a remarkable report discussing gold and silver’s fictional “paper” price and much more.
Gold will triumph as higher interest rates would be catastrophic.
Post Fed decision, look at who just said, “Buy gold and silver.”
On a day where the metals reversed higher and the mining stocks surged after the Fed said they would keep interest rates low for a long time, investors need to buckle up because silver and silver stocks are about to skyrocket!
After the Fed decision reversed the metals higher, look at who just said gold is set to surge $460.
There was a delay in publishing due to a technical issue that has now been resolved. Here is the top trend for 2021.
The mother of all moonshots is about to get under for silver.