This Just Collapsed To Lowest Level In 23 Years, Plus More “Transitory” Inflation On The Way
This just collapsed to the lowest level in 23 years. Plus a look at more “transitory”inflation.
Today Nomi Prins, who has given keynote speeches to the World Bank, IMF, Federal Reserve, and many other prominent institutions, and who also correctly predicted that the price of gold would hit $2,500 in the middle of 2024, told King World News that investors should buckle up for some wild trading in global markets in 2025, and the price of gold may hit $5,400+ during this rate cycle!
This just collapsed to the lowest level in 23 years. Plus a look at more “transitory”inflation.
Silver is now consolidating massive gains, but take a look at this…
Fear continues to mount that the US is on the verge of a major financial crisis.
What is happening with gold and silver is truly remarkable. A Golden Year For Gold: Central Banks Continue Stockpiling May 29 (King World News) – Gerald Celente: Gold’s price has rocketed up 33 percent since 2023 began, recently topping $2,450 an ounce last week. The surge in demand has not come from individual retail investors; gold-focused exchange-traded funds have seen net outflows of investment over the past three years. The big
Will this make investors a fortune in the gold market?
Gold is back above $2,350 and silver is surging $1.63 near recent highs, but here is the big surprise.
Look at what happens to the price of gold when the stock markets collapse.
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 ultra-wealthy are now buying physical gold. This is what happens in phase III of a bull market.
Today Alasdair Macleod told King World News that the silver shorts, which have massive exposure, are now trapped and getting to a point of desperation.
With gold and silver continuing to consolidate, take a look at what is happening behind the scenes.