Showing posts with label Silver Markets. Show all posts
Showing posts with label Silver Markets. Show all posts

Thursday, May 4, 2017

ALERT: 44-Year Market Veteran Says Panic Selling Now Taking Place In Gold & Silver Markets!

http://kingworldnews.com/alert-44-year-market-veteran-says-panic-selling-now-taking-place-in-gold-silver-markets/
Using all of this panic selling as a contrary indicator, the reality is that we are putting in a major bottom in gold and silver.  This does not mean that prices can’t drift lower from here, but it does mean that a significant bottom is close at hand.  Investors who are buying physical gold and silver at these levels will be incredibly well rewarded over the long-term.  When you can buy gold and silver at the same prices that a dealer would normally pay, that’s when you should buy and hold.  Who was it that said, ‘You should be buying when there is blood in the streets?’  Isn’t this bloody enough?  We haven’t seen this type of pain in decades.

Saturday, August 17, 2013

Incredibly Important Developments In Gold & Silver Markets

Most people assume hedge funds--the Big Money--are the smartest guys in the room, that they prey on retail investors.  In most cases, it's true.  But in the precious metals sector, the hedge funds are the Dumb Money.  It is the crooked bullion banks who switch positions before inflection points, as they are in the warehousing business, and are therefore the best-informed and most capitalized market participants.  If hedge funds are the Big Money, the bullion banks are the Bigger Money.

The recent surge in precious metals saw the hedgies scrambling to cover their short losses, while the bullion banks had switched from net short to net long (e.g. JPMorgan).  Of course, the hedgies went short because Goldman Sachs and Societe Generale earlier downgraded the precious metals sector.

Followers got whipsawed and head faked out of their positions again.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/18_Incredibly_Important_Developments_In_Gold_%26_Silver_Markets.html