With a day of reckoning approaching, this will violently reverse the price of gold higher.
“Generate Additional Liquidity”
November 23 (King World News) – James Turk: The ECB head sounds like Rudolf Havenstein, the Reichsbank head during the Weimar hyperinflation because he made sure that Germany did not “run out of money”. The term “generate additional liquidity” means print more euros but what will euros be worth with unlimited printing?…
Day Of Reckoning
James Turk continues: “More than a sixth of the Russell 3000 Index, or 527 companies, haven’t earned enough to meet their interest payments.” Over-leveraged just like the US government and Federal Reserve. Imagine what happens if interest rates rise. Day of US dollar reckoning long overdue. Buy physical gold.
Ole Hansen, Head of Commodity Strategy at Saxo Bank: Gold dumps below $1850/oz following strong US PMI. Finding some initial support at $1837/oz, the 38.2% retracement of the March to August surge. Next major level the 200 day moving average at $1796/oz.
Gold Price Tumbles Ahead Of Options Expiration
Let’s See How Much More Ammo Bears Have
This Will Reverse Gold Price Higher
King World News note: The US Dollar Index is in danger of a major breakdown if the 92 level is decisively taken out on the downside. If that happens, the gold market will explode higher in an instant.
If US Dollar Index Decisively Breaks 92,
Gold Will Explode Higher
This is an incredibly important audio interview with Alasdair Macleod discussing the rapid approach of hyperinflation and everyone around the world should listen to it immediately by CLICKING HERE OR ON THE IIMAGE BELOW.
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