(VIDEO). Get Ready Because GOLD Is About To Make A Big Move Higher. By Gregory Mannarino
In the video below, I demonstrate for you very clearly how gold is sending us multiple clear signals that it is about to make a big move higher. Don't miss this one!
Gregory Mannarino
We also did get a crossover on the MACD on the bullish green candle printed on the 17th of May. It seems to me that the MACD can support a decent rise in price for Gold at this point.
I agree with Greg. Think silver is the better play. With an 80% correlation and silver / gold ratio favoring higher silver prices. Silver looks like the one.
What about silver?
Boom!
Silver leads PM breakouts. Shorts are now covering both gold and silver. Over 50k silver short contracts covered this month with all time record shorts.
I believe gold leads the breakout and then silver gets turbocharged.
That would be excellent but i am not going to get my hopes up just yet
Yep....It's hard to get too excited when: (a) the price of Silver is manipulated and (b) we've heard this so many times before.
But it will happen one day....
Time to load 5GOL and 5SIL via ISA. BTW - is there anyone here from UK?
Thanks rademarko. I currently keep the physical silver.
I have physical, but is not as liquid as paper and the other thing is that 5GOLD and 5SIL I'm holding under ISA - tax free gains ;)
Hi radekmarko I don't have an ISA and have very little knowledge of it. If it is a pension fund then I think that all pension funds are a risk if govs/banks decide to raid them. I personally don't trust anything paper as they probably don't really exist just like your money in the bank. Correct me if I am wrong.
I am an Irish Citizen residing in NY USA. Pretty close haha
Guys be sure to follow my blog for silver calls!
I give weekly calls every Sunday!
Cool followed.
Silver Stackers Unite! FOLLOW EVERYONE YOU LIKE AND SUPPORT STEEM so we can make it BTC/Ag(Gooooold) big!
Cool followed.
Thanks!
followed
I hear you....and now follow you!
Thank you. FOLLOWED
FOLLOWED
Of course, silver will follow
I assume silver will be there too. Let's hope they will start losing control and we get a higher high.
Can go high but not highest.
The dollar will begin its 18 year cycle with a 9 year downturn period to the eurocurrencies as it always has done. This will probably be very bullish for precious metals.
Check out this post for more on the cycles of weakening US dollar and the current state of the dollar.
https://steemit.com/dollar/@sjovmaiin/the-coming-fall-of-the-us-dollar
I like your channel @sjovmaiin, nice work there. Subscribed :)
Not catching up with bitcoin
Yeah bitcoin seems trump lately id really like to learn how to invest in it
Doesn't have to. These are 2 different instruments. 2 different fan crowds.
I'm a big fan of both ;)
The silver to gold ratio is pretty close to the all time lows that marked the beginning of the last big bull market. I think we will have a breakout sometime this year.
I agree with your statement and I hope it's sooner than later as I would like to see my silver get some real gains!
@digestingreality
Agree...the Fed's Bullard already mentioned QE. The PMs run this summer as printing goes nuclear again to save the "market."
Great video Greg. Money is flying into cryptos right now, with most of the top 10 showing double digit gains. Money is looking for safe havens, and none better than the barbarous relic Gold and his good buddy silver.
I know that gold will move higher because it is so undervalued in debt terms and production costs. Likewise silver. I still don't understand how we can read charts and know that what we assume to be correct is correct when the system is so manipulated.
yeah!
Greg, you said : no more videos for this week! you were going to the pool work on your tan this weekend. I am soooo disappointed... lol!