Saturday, February 25, 2017

Gold: Is this it now?

I know you have heard this song before: gold is about to break out. When? In 2017. Within 90 days.

How come I say this?

I rely on the report of Andrew Maguire, a legendary whistleblower.

http://kingworldnews.com/andrew-maguire-death-knell-of-central-bank-manipulation-to-send-gold-silver-skyrocketing-in-2017/

According to Andrew M the manipulators now face a ratio of paper contracts to gold delivered of 100 to 1 and there is simply no more gold available to be delivered. So, if the manipulators tried to reduce the gold price by writing a bunch of contracts, they will not be able to deliver unless they buy gold. At this point, the physical Market becomes the controlling factor to set the gold price. Sure enough, this last Friday gold moved past 1,250/oz.

There were some interesting anomalies as well this last week. While gold shorts remained at a decreased level, silver shorts had increased along with shorts in oil:

http://kingworldnews.com/danger-silver-crude-oil-warning-as-gold-bull-market-nears-massive-breakout/

Furthermore, while the price of silver went up nearly 18 cents/oz, silver miners took a tumble. I have no explanation for the anomalies. Nor can I forecast when the breakout in PM prices will occur.


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