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.
With the Dow plunging another 1,000 points and gold pulling back after a monster surge off the 2019 lows, one of the greats just said, “The central bank put is now worthless.”
With the stock market plunge taking the world by surprise this week as gold continued to surge, one of the most important pieces has just been released with Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets.
With the Dow and the Nasdaq continuing to plunge, Alasdair Macleod says this bear market will also collapse the US dollar. Of course that will also be a huge catalyst for the bull market in gold.
On the heels of the Dow plunging 800 and gold rallying $17, the war on gold and silver will break into spectacular pieces soon, plus a look at the continued rally in gold and why collapse is now inevitable.
On the heels of stocks closing negative for the 5th straight day, expect 3 Fed to cut rates this year, plus a look at the gold bull, silver and Coronavirus and supply chains.
Despite the pullback, gold will continue its exponential rise. Plus a look at the Coronavirus and the stock market plunge, gold, silver and miners.
Despite the pullback, here is the big picture for gold and the world.
What a wild day of trading for gold, bonds and stocks. Here’s what to expect next.
The Dow futures have plunged 900 as gold soars $40 and silver prepares for a major breakout on news of the spread of the Coronavirus.
As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that the world economy is collapsing and QE-to-infinity will be launched.
