Gold Behaving the Way it Did in 2003 Prior to BLASTING Through $400 – Fund Manager

Thursday, May 12, 2016
By Paul Martin

SilverDoctors.com
May 12, 2016

Currently gold is behaving similarly to the way it behaved back in 2003 when it was trying to punch through $400.
The “overbought” garbage was permeating the media back then just like now.
In fact, Robert Prechter issued a call for gold t0 sell off to $50. How’s that call look?
Shortly thereafter the market blew through $400 and eventually hit $1900.


In real terms, most international fiat currencies could come to be near valueless when measured against gold and silver…And of course that climate will cause the utter collapse of the global stock markets, not to mention impact most severely our societal stability; all as direct consequence of the delusional monetary practices employed for decades. – Safewealth newsletter

Sell please. I’m buying. There’s a lot of analysis out there with highly flawed assumptions. The biggest problem with this analysis – Seeking Alpha link – is that the author assumes the Fed will raise interest rates. That won’t happen until the entire is system is forced into a reset from a collapse. The Fed knows this and has no interest in hastening that reset.

The Rest…HERE

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