James Turk – This Will Trigger The Price Of Silver To Skyrocket

Tuesday, August 15, 2017
By Paul Martin

August 14, 2017

With the gold and silver markets consolidating recent gains, today James Turk spoke with King World News about what is going to trigger the price of silver to skyrocket.

The Trigger For Silver To Skyrocket
James Turk: “Everybody should be watching silver very closely here, Eric. We are very close to a critical pivot point that I expect will set the primary trend of silver for months, and maybe years to come. In fact, the pivot point is already moving in silver’s favor…

James Turk continues: “We’ve spoken many times before about the ongoing backwardation in silver. Spot silver continues to trade above front month delivery, which is presently September. Backwardations are an anomaly, and markets – even those rife with government intervention like the precious metals – don’t like anomalies. Distortions from normal conditions don’t last forever. The reason is that markets are bigger than governments or even groups of governments acting in concert. In other words, central banks can only push so far before market forces prevail, a limitation often described as ‘pushing on a string.’ We’ve seen many times in the past how markets have over-powered government interventions. It looks ready to happen again, this time in the precious metals. So the stage is set.

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter