Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
If the FOMC don't raise rates, this will fly along with PM's and miners. If they do raise rates, nothing will happen as it's already baked into the cake at this point. Nice asymmetric trade there. If they do raise rates gold and silver will probably stall and begin to rise when we get into the new year as investors realise they can't raise much further!
US Core PCE is released next week also. If it comes in hold no raise. Then gold/silver should rocket. Any rocket man moves after will add to the bull run.
the pieces are moving. This is the deep breath before the plunge. The new Gold and Silver bull market to be confirmed soon!
Yeah I do. When Stan Druckenmillerr and Ray Dalio are buying gold, I take notice of that. Also public silver and gold coin investment is at a multi year low. Most people would think thats a bad sign. It's not. When the smart investors are buying and the public is not, that tends to say to me that something big is brewing. The public will then come in late,when the initial rise has finished. Furthermore technically the gold and silver charts are flashing buy signals at the moment as higher highs and higher lows are being made. It's a noticeable shift in large institution buying of gold. Also a very large Australian mine (i forget the name) has announced they anticipate a lowering of miing output in the next 20 years. Supply is contracting as less and less gold and silver is being discovered, therefore price must go up.
...rising, why would anyone think its a good idea to sell here? This could easily head back up to 350 in no time especially with north korea heating up and the fed possibly pausing raising rates.
Now the fed is tightening into weakness and will forced to change course soon, should be a very good end of the year for gold and by default silver.
Everyone was wrong in 2008 too. Normalcy bias. It only takes a sudden change in thinking to get this bull market really going.
...will be reversed by the end of the year, and then some. N.Korea not gone away and neither has the US Debt Ceiling, or Brexit!
Were solid but not as good as the shareprice was indicating. However in the next year or so i would expect this companies results to be far more strong when the gold bull begins again. This is just the beginning for me.
the PM bull kick off again. Confirmation and a very exciting 6 months to come once everyone realises the Fed and all other central banks around the world are cornered. Then we should have a fully realised gold and silver price of multiples of the price at the moment. In that scenario HOC will go up many multiples of the gold and silver rise. Hold on to your butts.
Breaking the down trend line that has been in place for 3 years. We are in unchartered territory boys. All bets are off as to how high it could go. No one knows. But certainly higher.
IMO it's the realisation that the US is raising rates into weakness with the low jobs number on friday and the poor macro data coming out of the US. They'll raise rates at the June meeting one more time. Then the US will probably be in recession by the end of 2017. Once investors see the Fed is flip floping again by easing to battle the recession, confidence in the dollar will drop and with that goes much higher gold prices. The Fed has created a situation they can't get out from. The only way this ends is with high inflation and higher gold prices. The great reset is coming probably with the introduction of a new world currency once the USD is finished. Jim Rickards is a good guy to research. He has predicted a lot of world events with near 100% accuracy. I get most of my research from his findings and the above comes from him.
Gold and Silver miners are set to go crazy, you'll all see. Mark this post.
https://www.youtube.com/watch?v=iD2DCcob48U According to this video analysis, silver miners are at their most undervalued relative to the silver price...ever. Time to load up. When the silver price bull run gets going again, the miners should do very very well. Wolf
I wont be happy until gold stocks are up much more than they are now. The great rotation is coming. HOC will be at multiples of this share price in the future if the gold bull market resumes and resumes all the way up to $10,000/oz.
Confidence in miners is low. It will return with higher gold and silver prices as the video suggests. This will hit 3000p when gold hits $10,000 / oz and silver is $500/oz. Not crazy when compared to the 1980's.
So that they may cut them in the next recession. The next recession will come when people realise Trumps spending wont be allowed as the US is already too far in debt. $20t debt ceiling is now law and there is no hope of raising it without cutting spending. So once that sets in the US with start to go into recession and then the next Fed dovish accomodative cycle will begin. That will cause Gold and Silver to sky rocket and HOC share price to hit 1000p.
www .zerohedge. com /news /2017-03-03/fed-preparing-1-trillion-qe-next-recession-deutsche
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