Technical analyst Jack Chan charts the latest moves in the precious metals market, noting a price bounce off positive divergence.
For 15 consecutive days, the amount standing for physical has risen.
It looks like we have a determined player with deep pockets willing to take silver away from the COMEX.
Today the dollar collapsed and it has been heading southbound on 7 out of the last 8 trading sessions which is good for our precious metals…
PM Fund Manager Dave Kranzler Joins the Show to Break Down the Big Move in the Metals & Markets:
- “It Smells Like Desperation”: Is The Day of Reckoning Almost Here?
- Kranzler Believes If You Don’t Have Gold, You Have A Problem…
- Kranzler Warns If the Dollar Does This, “All Hell Could Break Loose in Markets!”
- The Fund Manager Reveals His Outlook: Don’t Expect to Find Gold and Silver Bargains in July!
A Must Listen Metals & Markets Begins Now!
Well, THAT happened rather quickly…
Every now and then a chart appears that provides us with a great opportunity.
The following chart fits that mold.
Billionaire Eric Sprott Reveals the Most Significant Development This Week During A Big Rally in Gold and Silver Prices:
Could the Remonetization of Silver Really Be the END GAME?
For 14 consecutive days, the amount standing for physical has risen. On First day notice 16.8 million oz were standing; tonight 22.94 million oz. It looks to me that sovereign China wants its silver back as it looks like we have a determined player with deep pockets willing to take silver away from the COMEX…
We are only just now arriving at a time period that will bring about “The Currency Wars”. Everything prior to this was only a preparation period to build an alternative currency.
The years spent traveling this road were done to prepare the world for an escape medium when the dollar finally began it’s “price” hyper-inflation stage.
The next fortune in gold will be made via long physical gold margin free in an enormous way:
The precious metals sector is on major buy signal.
If the Central Banks purchased $1 trillion in just the first four months of 2017 versus the $7 trillion from 2011-2016, something seriously wrong must be going on in the markets.
By the Central Banks propping up the STOCK, BOND and REAL ESTATE markets, the value of silver (or gold) is being severely depressed. And of course, to keep investors from finding out about SILVER’S HIGH QUALITY STORE OF VALUE, the price continues to be capped by the massive amount of paper trading leverage.
So, how much paper trading leverage is in the Silver Market? Let’s look at the following chart:
Is THIS The Real Reason For Plunging Silver Demand?
“This Is A BIG Deal…”
The END Has Arrived…
This is going to be wild to you!!
There are no other words to describe the data!
This has never happened during an active silver delivery month. Ladies and gentlemen: the silver Comex is being attacked for its physical metal and the attacker is Sovereign China.
Most Americans didn’t realize it, but something BIG changed in the U.S. gold market in the beginning of 2017. While precious metals sentiment and buying in the U.S. has dropped off considerably in the first quarter of 2017, the East continues to acquire gold, HAND OVER FIST.
With controversy swirling around conspiracy and rigging of gold & silver, where’s the hard evidence and real proof that the world biggest bullion banks and brokerage houses have been conspiring with full complicity of sovereign governments for decades to unnaturally suppress metals prices to manage public sentiment and prop us confidence in a hollow fiat banking & irrecoverably indebted political power system?
London Metals Expert Alasdair Macleod Isn’t Convinced the Bottom is in Quite Yet for Gold and Silver Prices.
The Fed and Central banks are manipulating the gold and silver price because they are Horrified that the biggest global BANK RUN in history will take down the entire system.
Embrace the Guillotine: Is the Silver Slaughter Finally Over?
Doc & Dubin Break Down All the Action – Was THIS The Sign We’ve Seen the Bottom?