Search Results for "Silver"
On the heels of the price of gold price hitting a new record high as the price of silver continues to surge, today legend Pierre Lassonde spoke with King World News about the recent blastoff in gold and silver as well as where he believes the price of gold is headed from here.
Lassonde is arguably the greatest company builder in the history of the mining sector. He is past president of Newmont Mining, former chairman of the World Gold Council and current chairman of Franco Nevada. Lassonde is one of the wealthiest, most respected individuals in the gold world, and as always King World News would like to thank him for sharing his wisdom with our global readers during this critical period in these markets.
Today one industry professional warned the US dollar is now in a waterfall decline as the price of gold nears its all-time high, plus one hell of a scary chart.
It has become clear to investors around the world that the global economic collapse will not see a recovery. This has the price of gold has surging to the $1,900 level, within dollars of the all-time high.
BILLIONAIRE ERIC SPROTT JUST BOUGHT A 20% STAKE IN THIS EXCITING COMPANY
Demand for gold is massively outstripping futures buying, plus reminiscences of 2000 and 2008.
On the heels of silver breaking out, US dollar worries are sending the price of gold higher.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned investors there is a massive shortage of physical gold in the futures markets and LBMA system.
Today James Turk told King World News gold is now on the verge of a major breakout that will send the price spiking to $1,900.
With the price of gold above $1,800, investors are seeking shelter from the economic storm and may be standing for delivery. Plus debt bomb and another all-time record.
As we continue trading in the back half of 2020, gold bears have been surprised, this is approaching 2008-2009 collapse levels, plus US dollar troubles.