The brilliant Tavi Costa spoke with King World News about Friday’s takedown in the gold and silver markets and what investors should expect in the coming days, weeks and months.
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.
