Goldseek Nugget - Aaron Brickman: Silver and Gold Will Go Parabolic

- Is the US equities market consolidation likely continue - have the bears gained control?
- Might the Dow Jones Industrials retrace a healthy percentage?
- The importance of key patterns in market price data.
- Are the Dow Transports signaling more selling, via Dow Theory, Richard Russell & Charles Dow?
- Key concepts in market price structure.
- The stunning advance in US bond yields - implications?
- We review every key bear-market and crash in the US Stock market over the past 100 years.
- Is silver on the cusp of a 2x, 3x, 4x and beyond?

Brickman says we are looking at a retracement for metals, but not a collapse. Silver has a super bullish chart, any way you look at it. He says:

"I don't want to see silver break out yet, because it will be a brave new world, and not necessarily one we will enjoy. As an investor, we long for that day. The reality is, it's coming. We don't know the day or the hour, but it's coming. 

Ever since Basel III made gold a Tier 1 asset, that was their signal they would be acquiring gold back into their coffers, and that's what they're doing. They're using all of these shakedowns to acquire more."

Brickman says there are 4 billion people in the East who know precious metals are money.

"It's only idiots in the West who need a course on what's been money for the last 5,000 years."

Brickman says the West will no longer dictate what is considered money anymore. The East is going to dictate.

"When silver takes off, it will be 18 months of going parabolic into the hundreds. It will be fast and extremely difficult to invest in silver and gold. Once you take out the 30-dollar and 50-dollar levels, we are going into the hundreds."

Visit Aaron Brickman's Twitter.