RE: With the price of gold and silver..18 Nov 2017 09:16
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.