Precious metals expert Michael Ballanger discusses silver’s recent price performance and why he believes precious metals are in alignment for a major ascent.
A few analysts are once again beating the drums for much lower gold and silver prices – supposedly just around the corner. They mistake the testing of a recent breakout for a turnaround in the main trend. In the process they are sowing confusion.
Here are some charts that show the main trend, along with reasons why the price of gold and silver is on track for a sharp rise, thanks to bullish fundamentals.
These incremental returns by investing in gold are the secrets of this century. Only a very infinitesimal percentage of investors are aware of this.
But even fewer investors are aware of what will happen in the next few years:
Responding to in inquiry regarding the likely price the government would reimburse gold owners in the event of a confiscation, Legendary Gold Expert Jim Sinclair Explains the Risk of Gold Confiscation Just Went Way Down:
If legendary investor Marc Faber is right, A Perfect Storm Is Brewing For Gold and Silver…
Gold has rebounded sharply higher in the past month, taking the early lead as 2017’s best-performing asset class.
Big spec gold-futures buying is coming soon, which will help catapult gold sharply higher again just like it did a year ago. It is already starting with initial short covering, but will soon expand into far-larger long buying as gold continues powering higher. After selling their longs to such low levels, these influential traders will need to buy big for months on end to restore normal positions.
That’s great news for gold!
Gold to Regain Its Gleam in 2017?
One question that gold investors are asking now is, will 2017 be as spectacular for the yellow metal as it was in 2016?
The short and sweet answer to this is YES.
Gold 2016 bottom arrived December 15, 2016 at $1124.
A BRIEF January 2017 Gold, US Dollar & US Stock Market Update…
$9,102 Gold, $1,006 Silver price based off the January 2017 US Debt Clock with a US National Debt currently just under 20 Trillion and Liabilities per Taxpayer at $875,066!
Bo Polny Warns A loss of control is coming:
The gold miners’ stocks are rocketing higher again after suffering a rough few months. Following sharp selloffs on gold-futures stops being run, the Trumphoria stock-market surge, and a more-hawkish-than-expected Fed, this battered sector had largely been left for dead.
But gold stocks’ strong fundamentals finally overcame the dismal herd sentiment last week, paving the way for this sector to shine again in 2017:
THIS has never happened before:
The premiums for physically delivered gold in China have never been higher…
The Bond Market: The Potential Spark of the Next Gold Rally?
Gold has a cyclical tendency to decline ahead of a rate hike, and rally after it is announced.
This time, the US election may delay the rally, but create one that is bigger and more sustained than the rally of 2016. Here’s why:
Recently, with the miners and gold and silver becoming very oversold in this correction, how do you think the play out will continue for over the next few years? Are we in a bull market?
The gold miners’ stocks have certainly had a wild ride this year. After initially skyrocketing out of deep secular lows into a mighty new bull market, they recently suffered a massive correction climaxing in an extreme plummet. This coincided with gold stocks’ major seasonal low in October. That heralds their strongest seasonal rally of the year heading into and through winter, a very bullish omen for coming months.
Silver Guru David Morgan reassures investors that, in his opinion, we’re in a silver bull market and, despite the recent weakness, that bull market is still intact.
He also offers up his outlook for the silver and gold price by year end, saying the ‘smart money’ has already moved into the precious metals space.
The unarguable scheme by western Central Banks to suppress the price of gold with paper gold is contingent on the ability to deliver actual physical gold into China and India. In our educated opinion, the supply of gold available to make this happen is running low: Central Bank gold stock plus investor custodial gold that has been hypothecated.
This is likely why the Fed/ECB/BOE are collectively having a difficult time pushing the price of gold lower after its big move starting in mid-December.
At some point, gold is going launch out its current lateral consolidation and move much higher by the end of the year…
Is the next MAJOR BULL RALLY in gold and silver prices underway?
The Admiral of the Silver Market Eric Sprott explains:
The Unintended Consequences have OVERWHELMED the Central Banks…
Economic World War 3?
Bill Holter believes We May Not Make it Till the Elections…