Today the gold and silver markets saw some wild trading with gold futures tumbling nearly $90 and silver futures heading $1 lower, but take a look at this…
Silver Volatility
November 25 (King World News) – Graddhy out of Sweden: This is why silver is churning right here. The big breakout level using the yearly time frame is $31-32.
Silver Remains Volatile! Once Consolidation Ends Expect Silver Price To Begin Surge To New All-Time Highs
One of the most significant breakouts in history is in the making.
Remain Focused On The Big Picture
Graddhy out of Sweden: Gold and silver are today the only counterweight vs the global fiat monetary system. Seen from that perspective, I would expect the powers-that-be to manipulate the metals, which they also have done for decades on and off. And what market is not manipulated today. No point whining about it, understand it instead.
However, I said back at the 13-year mega breakouts (11 months ago) that these breakouts also meant the manipulation was more or less ending. And we also have seen the market has changed character since then, for example, with weekly cycle declines in gold now going mostly sideways so far.
But the global fiat monetary system is dying, so it should be obvious not to expect this precious metals bull to be easy. Expect it to be hard. Very hard. And do not get “disappointed”, that is, emotional. Instead, understand what is happening and why it is happening.
JUST RELEASED: Expect Wild Trading!
To listen to James Turk discuss what to expect next for gold, silver and the mining and exploration space CLICK HERE OR ON THE IMAGE BELOW.
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