The price of gold is hitting 6 year highs trading above $1,415, but this is truly stunning.
Skepticism Prevails For Gold Investors
June 24 (King World News) – Peter Schiff: “Having been burned before gold investors remain skeptical about the breakout. This healthy caution is evident in the tepid reaction thus far in silver and mining stocks. In sharp contrast, Bitcoin investors have thrown caution to the wind.”…
BONUS INTERVIEW:
To listen to Doug Casey’s just-released KWN interview discussing his prediction of financial and economic chaos and a panic into gold CLICK HERE OR BELOW:
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Largest Since 2016
Holger Zschaepitz: “Gold extends gains as investors rush into Gold ETFs: Funds backed by gold increased their assets by 32 tons, the biggest increase since 2016, according to data tracked by Bloomberg. (See chart below).
Rush Into Gold ETFs Biggest Increase Since 2016!
Rising In Tandem
Peter Boockvar: “As gold is a positive yielding asset when compared with those assets that penalize its owners (aka, negative yielding bonds), here is a visual of gold in white and the dollar amount of negative yielding bonds in orange. (See chart below).
Price Of Gold & Total Negative Yielding Debt Rising In Tandem!
Gold Flexing Its Muscles vs Fiat
King World News note: For KWN readers around the globe wondering how the price of gold is performing in various world currencies, take a look at this (see chart below).
TRULY STUNNING: Gold Flexing Its Muscles vs All Fiat Money – Price Of Gold Now Solidly In The Green vs All Global Currencies In 2019!
More articles to follow. In the meantime, other important releases…
Greyerz – Gold Giving A Major Warning Signal And Silver Coiling For An Explosion To $66 CLICK HERE TO READ
Record Gold Buying Launches Gold Above $1,400, Plus Look At The Surprise In Silver CLICK HERE TO READ
GOLD BREAKOUT: Here Is What The Violent Trading Will Look Like Going Forward CLICK HERE TO READ
Michael Oliver worked directly with the Chairman of the COMEX in the 1970s bull market in gold and silver and he also called the 1987 stock market crash!
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