Behind the scene drivers for precious metals
In this special editorial recorded for Kitco we discuss some fundamental drivers for the precious metals that are not first and foremost on investors minds. Digging deeper than just face value numbers there are some slow changes that can lend support for gold and silver in the next year.
Click download link to listen on this device: Download Show
If I ever hear Al say “Now is NOT the time to buy gold!” I think I will feint.
🙂
If Al feinted, I would faint.
Al Korelin Feinting !https://www.youtube.com/watch?v=XFE3VebtgGM
+1 RM! 🙂
Nobody else got it. I’m going to barf.
S&P hit a new multiyear high vs unweighted CRB last week. All we need is a little follow though and you can kiss commodities good bye relative to the stock market:
Got to hand it to you, Doc, you were right. I’ll give credit where credit is due. Kudos.
Ryan, appreciate that. Kudos for being upfront.
+1
I would like to think that everything is fine within pms, yet i no its not. 4 years of prices facing a downward price bias amongst a backdrop of positive fundamentals is worrisome. Plus the action in pms markets over the last 2 weeks is just ridiculous. Ridiculous moves are to be expected when some “anonymous” gambler can drop $8 billion of gold paper contracts at any given moment. All is not well. What is going to bust this cap off pms markets???
The latest from James Flanagan:
https://zd105.infusionsoft.com/app/linkClick/52070/3d3dfcad4db8da3f/23122290/1d14313a80b5ba17
Best post of the last few weeks…thanks
I’ve sure found Flanagan’s work valuable. Thanks go to Bob Moriarty for introducing us to him.
Yes, thanks Bob and thank you for posting the link above.
Ok…..thanks Bob M
+3 – one for James Flanagan, one for Bob M. and one for GH for the post.
Cheers!
Everything is fine in the PM’s…any long term chart is AOK….200 day moving average for instance…:))…doesnt matter anyway…..