Today one of the greats in the business said, “what we’re seeing now is a sign of desperation on the part of the shorts in various markets.”

March 19 (King World News) – Eric King:  “James, gold and silver weakened this week because of the paper markets. I know you had seen the report we put out from Alasdair Macleod showing the bullion banks were all-time record short the gold market (once again). That type of action (naked short selling driving price lower) is all being created in the paper market, not in the physical market. Where does that lead us because in the nickel market we already saw that blow up on them?”

Signs Of Desperation By The Shorts
James Turk:
  “Yeah, Eric, and what’s important at the end of the day is what’s happening in the physical market because you cannot create physical gold or physical silver out of thin air. You can create all the paper you want out of thin air but it doesn’t mean anything because when push comes to shove and people start to worry about their purchasing power they want tangible assets, they don’t want (paper) promises.

And I think what we’re seeing now is a sign of desperation on the part of the shorts in various markets. There was an interesting article in Bloomberg news today that caught my attention. It said that ‘Major commodity markets are beginning to seize up.’ That’s an exact quote of what they said. This does parallel other periods that I’ve seen in the past where there is tremendous uncertainty…to continue listening to James Turk discuss commodity markets seizing up as well as the gold, silver, mining share, and commodity markets CLICK HERE OR ON THE IMAGE BELOW.

ALSO RELEASED:  Trouble At The LME, What Happens If The Establishment Fails? CLICK HERE.
ALSO RELEASED:  The Nickel Short Squeeze May Just Be A Warm Up Act For Gold CLICK HERE.
ALSO RELEASED:  Gold Will Be A Necessary Part Of The New Monetary System CLICK HERE.
ALSO RELEASED:  Gold Is The Only Truly Safe Holding, Plus This Will Be Extremely Bullish For Silver CLICK HERE.
ALSO RELEASED:  GET PREPARED: US Will See Enormous Economic Destruction In 2022 As Dragflation Implodes The Economy CLICK HERE.
ALSO RELEASED:  “Made In America” Making A Comeback CLICK HERE.
ALSO RELEASED:  INFLATION NIGHTMARE CONTINUES: Despite Takedown, Gold, Silver And Mining Stocks Set To Explode Higher CLICK HERE.
ALSO RELEASED:  The Perfect Storm For Gold Has Arrived And Paper Games On COMEX Won’t Stop It CLICK HERE.
ALSO RELEASED:  SILVER TO BREAK $50 IN 2022: Things Are About To Radically Change In The Silver Market CLICK HERE.
ALSO RELEASED:  War In Ukraine Or Not, Gold Will Dramatically Outperform Financial Assets CLICK HERE.

© 2022 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.  However, linking directly to the articles is permitted and encouraged.