“Ready to Explode”: GOLD, SILVER & THE BIG PICTURE FOR 2016 – Bo Polny

rocket-launchTO ALL YOUR READERS:  As you and I know, both gold and silver are in a Bull Market and gold and silver are getting ready to explode much higher.
I truly hope all your reader have been paying close attention to the work of www.GATA.org and ignoring all the “Nay Sayers”, as gold and silver are God’s money and no matter how much ‘they’ attempt to control the price… gold and silver are going up BIG this year, as ‘they’ lose control!

 

2016 Silver Eagles Sale

A Public Letter to www.GATA.org 

Dear Bill Murphy,

Hope all is well.  As you might recall, after forecast the 5-year Final Gold Bottom on December 3, 2016 (LINK), in a February 2016 interview with Greg Hunter of USAWatchdog.com (LINK) gold broke out above its 600-Day moving average (at $1212) and we stated ‘Blue Skies for Gold’ as this 600-Day moving average (at $1212) would now HOLD gold as support and gold would go no lower.  The in May 2016 gold’s price was again dropping and as many analysts were calling for $1000 gold again (not believing a Bull Market had in fact yet begun), I wrote you on May 23, 2016 stating again the 600-Day moving average ($1212) WILL HOLD gold.

 

As we are all today aware, $1000 never came and in fact the 600-Day moving average held gold perfectly as expected and in our last update to you sent on June 8, 2016 we included this chart below with a close up view on gold; note that not one day did gold close below its 600-day moving average!   The 600-day moving average held gold perfectly!

GATA June 8_2016 UPDATE 2

 

GOLD1

After the early June 2016 lows, both gold and silver went for a run higher and topped in early July 2016 at $1377 for gold and $21.22 for silver and have since gone no higher this year, see gold chart above.  Then on August 19, 2016 when gold was at $1360 and silver at $20.25, I sent you this article titled ‘The Silver Royal Price SMASH’ so as to warm you to expect a sudden drop in the silver price (including gold) this month of August.  They dropped as expected and then between August 29, 2016 and September 1, 2016, silver bottomed first at $18.46 then gold bottomed at $1302.  On EXACLTY August 30, 2016 in a prescheduled interview I stated ‘the SMASH bottom is over and Gold/Silver Rally to Explode into Hyperdrive come September 2016!’ Please listen to this interview dated August 30, 2016

In closing, recall my phone call to you yesterday September 1, 2016 stating…  ‘Whatever the JOBS REPORT announcement is tomorrow, Gold and Silver will JUMP UP on the news.’  They did exactly that!

TO ALL YOUR READERS:  Bill as you and I know, both gold and silver are in a Bull Market and gold and silver are getting ready to explode much higher.  There was a probability the price could have exploded earlier this year; but have not as of yet.  The cycle patterns I study and analyze remain unbroken, and have been constantly point to much higher prices since the December 2015 final bottom.  I truly hope all your reader have been paying close attention to the work of www.GATA.org and ignoring all the “Nay Sayers”, as gold and silver are God’s money and no matter how much ‘they’ attempt to control the price… gold and silver are going up BIG this year, as ‘they’ lose control!

Warm Regards, Bo Polny

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