Today was a Black Monday for the metals markets as the price of gold tumbled 4.5%, silver plunged over 7%, and platinum crashed 13.72%. Here is where things stand after a chaotic day of trading.
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.
Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, shared with King World News the most important monetary metals chart that is the key to unleashing gold and silver on the upside.
The price of gold and silver both rallied this week but take a look at these big surprises.
Earlier today King World News released 3rd Gold Bull In The Past 50 Years Is About To Unleash On The Upside. The price of silver is also about to be unleashed to new all-time highs above $50, even as sentiment in the metals and mining sector remains fearful.
We are about to see the 3rd gold bull market in the past 50 years unleash on the upside.
As we close in on the month of September, a global wildcard is acting like a giant wrecking ball.
