Is This Why The Rally In Gold & Silver Is Happening? A Shocking Game-Changer For Gold & Silver Is Now Unfolding…
KingWorldNews.com
September 25, 2017
With gold rallying above the key $1,300 level and silver breaking back above $17, is this why the rally in gold and silver is happening? Today King World News is reporting on a shocking game-changer in the gold and silver markets that is now unfolding.
Eric King: “Keith, as you know the mid-cycle correction in the gold bull market ended last year. It was more brutal in terms of duration (over 5 years) vs what we saw in the mid-cycle correction in the 1970s. I don’t know what it is about this leg of the secular bull market in gold where we are having this correction, but some people are losing it and these are people who have been in the market for 20, 30, 40 years. There is just something about sentiment in the gold and silver markets right now where some market veterans can’t handle the normal pullbacks, shakeouts, whatever you want to call them, and the usual drama that you see in the gold market. What are your thoughts on what’s happening?”
A Game-Changer For Gold & Silver Is Now Unfolding
Keith Neumeyer: “The 5-year bear market was hard on everyone and I think the mining executives are probably the most resilient executives out of any industry in the world. But 5 years is a long time and it was hard on everyone, especially the investors. The bottom line was the mining sector had to change during that 5-year period and they have done a pretty good job to reduce costs, return to profitability and move with the tide.
The 5-year bear market really pushed everyone in the industry to make the necessary changes, and all the sudden early 2016 comes along and many high-quality mining stocks went up 300, 400, 500 percent….
The Rest…HERE
