The historic short squeeze in the gold and silver markets intensified on Friday as the price of silver soared over 7% closing the trading day at nearly $77 an ounce on the futures market.
Today James Turk spoke with King World News about what is really happening with the commercials in both gold and silver and what he said was fascinating. Turk also said silver may surprise traders and investors by vaulting to $22 next month.
On the heels of some wild trading to start the week, look who just said he hasn’t seen anthing like this in 55 years!
On the heels of yesterday’s massive sell off, which saw the Dow off more than 700 at one point, take a look at this.
On the heels of today’s massive sell off, which saw the Dow off more than 700 at one point, some serious trouble is now brewing.
On the heels of the Dow plunging 650+ points, today James Turk told King World News that the price of silver is finally ready for an upside explosion.
As we get ready to kickoff trading at the start of a new week, today the man who has become legendary for his predictions on QE and historic moves in currencies, told King World News that $33,750 gold and $575 silver will pale in comparison to these frightening events.
With stock markets trading higher and the US Dollar Index attempting to hold the key psychological level of 90, today a legend in the business sent King World News a powerful piece stating the gold price is set to spike nearly $1,000.
With many worried about the action in the gold and silver markets, a legend says violent back and forth in the gold market is a prelude to a massive surge.
On the heels of some wild trading in global markets, it appears this is the new normal — high risk, fast moving market madness.
Today one of the greats in the business warned that we are on the “other side” of an unprecedented monetary experiment.
