Doldrums term is very apt for gold’s summer predicament.  It describes a zone in the world’s oceans surrounding the equator.  There hot air is constantly rising, creating long-lived low-pressure areas.  They are often calm, with little or no prevailing winds.  History is full of accounts of sailing ships getting trapped in this zone for days or even weeks, unable to make any headway.  The doldrums were murder on ships’ morale.

“I’ve Never Sold An Ounce Of Gold Or Silver!”
You Might Be Downcast Regarding the Recent Price Action in Gold and Silver, But Billionaire Metals Aficionado Eric Sprott Isn’t: 

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Get Ready, Sprott’s John Embry Believes ‘An Explosive Move is Setting Up in Gold and Silver‘…

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According to GATA Chairman Bill Murphy, we’re looking at “One of the Most Chaotic, Big Moves in the HISTORY of Markets…”

The recent bank bail in has Spanish investors spooked and the contagion is beginning to spread.
Gold & Silver Prices may get a boost as economic collapse 2017 gets worse and we watch this dire banking crisis come to a head…

“The Bond Market’s Calling Bull**it on the Fed!”
Legendary Silver Investor Eric Sprott Breaks Down the Gold and Silver Markets in the Wake of This Week’s FOMC Rate Hike:

The bankers were  probably expecting even more gold leaves to fall from the gold tree with the raid yesterday. An open interest of around 390,000 to 400,000 is core and nothing will move these guys from their contracts.

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Sprott’s Michael Pento Joins Us For A BOLD Prediction…

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While They’re Letting Cryptocurrencies Run For Now, the Gov Has An Internet Kill Switch That Can Destroy BitcoinWhat About Gold?

Silver prices will skyrocket as The Fed may soon set it’s sights on a much faster rate of devaluation of the dollar. The current target of 2% is not enough the currency is not devaluing fast enough to feed the monster. They want to collapse the dollar with a 3% a year cut to the purchasing power of the Dollar: