Trump’s Economic Disaster Is Here. Mike Moloney says “history shows that once or twice in a generation a global crisis comes along that radically devastates people’s way of life. A fundamental shift so big and drastic and overwhelming that it destroys their standard of living and impacts every area of their lives. We are about […]
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In this interview Bill Murphy from the Gold Anti-Trust Action Committee (GATA) feels that JPMorgan’s Silver Manipulation is ending. They may lose control of the silver market. Silver has broken through the $20 resistance level. If silver continues to break through silver could rise dramatically. JPMorgan, has been the big short in the silver market.
In this article in Seeking Alpha, Silver Price Rise Likely Historic, the author examines the Commitment of Traders report. This report is commonly abbreviated as the COT. The COT report shows the current positions in gold and silver futures of the Commercials. The Commercials are large entities, according to their filing statement with the US
The general agreement is that the Trump presidency is good for the precious metals. Many believe the boost in precious metals prices will come from what traditionally causes the price of precious metals to rise – it is viewed as a safe haven investment in times of uncertainty. I think everyone will agree that is