James Turk joins us to discuss the latest in the Silver & Gold markets, the financial crisis that is building in the system, the central banks have no viable solutions to resolve this and more.
Bearish action in the Nasdaq is approaching all-time records even worse than the 1970s, and stagflation today is nothing like the stagflation of 50 years ago that brought silver to $50.
Quite literally, I have been astounded by the lack of big 4 and big 8 short-covering to this point. The recent sharp drop in silver prices over the past few weeks featured extraordinarily large commercial buying and managed money selling – as would be expected. However..
The veteran chart trader analyses the breakout trend for gold and dissects the cyclical explosiveness of physical silver, indicating the historic opportunity for silver stackers everywhere.
Rebecca Kerswell sits down with Jim Lewis and Patrick Karim to talk about the declining purchasing power of the US Dollar and how inflation is still in the early stages still. He also highlights commodities such as Silver, Sugar and others.
According to the chart, it appears that silver continues to be pressured downwards as inflation gets worse. Where is the fundamental or technical appeal in that kind of price action?
I received a response, via my local congressman’s office, from the Office of the Comptroller of the Currency, to the concerns I raised about recent Quarterly Derivatives Reports for the OTC derivatives positions of US banks.
