Schiff – Brace Yourself For Ride Back Up To $50 Silver, Plus Other Looks At Gold & Silver Surge
KingWorlNews.com
August 27, 2019
On the heels of gold and silver surging, Peter Schiff says investors should brace themselves for the ride back up to $50 silver, plus many other looks at the gold and silver rally.
Silver Above $18
August 27 (King World News) – Peter Schiff: “Hi Ho silver, finally breaking above $18 per once today, on its way to $20. Once it breaks above that level, brace yourself for the ride back up to $50, and then beyond. It may be bumpy, but it will be worth it. The strength in silver is also a very good indicator for gold.”
Insiders Selling $600 Million Of Stock Sold Each Day In August
Sven Henrich: “Corporate insiders have sold an average of $600 million of stock per day in August, according to TrimTabs Investment Research.”
Gold/Silver Ratio Breaks Lower!
Ole Hansen, Head of Commodity Strategy at SaxoBank: “XAUXAG (Gold vs Silver ratio) breaking lower with gold stuck at $1530 while Silver continues to rally towards our $18.37/oz initial target. Silver probably being helped by copper where short-covering has emerged following Friday’s failed sell-off. (See below).
SILVER TO OUTPERFORM GOLD: Gold/Silver Breaks Down In Favor Of Silver!
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