On a day when the price of silver futures vaulted to an all-time high of $67, and gold came within dollars of a record high, look at what is unfolding.
Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, communicated to King World News that he believed the price of silver may be poised for a major upside breakout.
Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, communicated to King World News that despite volatility, the action in the gold market has already shifted positive.
As the gold and silver markets near the completion of the final phase of a multi-year consolidation pattern, gold’s open interest has collapsed…again.
The world is descending into a much-heralded recession but it will be much worse than anyone imagined.
Here is a look at a currency war, “rent too damn high,” and who is guzzling crude oil and commodities.
On the heels of the recent volatility in the gold market, King World News continues to focus on the big picture for gold and it is extremely bullish, which is why it’s so important for investors to ignore the short term noise in the paper futures market.
People around the world need to be extremely careful because another run on banks is happening right now!
Another gold catalyst is happening in the background and that is going to be seen in the form of a wave of massive commodity inflation that has already started. Also, when it comes to the volatility we have been seeing in the gold market, always step back and stay focused on the big picture.
Look at what is about to go up in smoke that is on the brink of default and how it will impact the gold and silver markets.
Even as the US Dollar Index rallies above the 104 level, the gold and silver markets are near a historic upside explosion.
As we kickoff trading this week, financial assets are now set to seriously deflate.
Another crisis is set to ignite and it will surely drive gold and silver prices much higher than what is being quoted today.
We have witnessed two major upside breakouts in the silver market. Silver always leads the metals higher in bull markets and this is typical early stage action of a trend change for gold and silver.
As we kickoff trading in the month of September, the world is hurtling toward a new gold standard and it will be led by Russia.
Here is a look at the latest retail disaster du jour as well as inflation.
If you were looking for a reason to continue buying physical silver here it is…
Below is a fascinating email from a KWN reader plus an important look at the US dollar and gold.
There is no question that the economy is beginning to show serious cracks in the foundation.
As we get ready to head into the month of September, the silver market is potentially set up for a major short squeeze.
Investors need to expect a pretty busy week and we are already seeing volatile trading in global markets.
