Select date

May 2024
Mon Tue Wed Thu Fri Sat Sun

SHORT FUSE? Gold & Silver Can EXPLODE HIGHER At ANY MOMENT Over Next Three Days

2-5-2019 < SGT Report 39 549 words
 

from Silver Doctors:



SD Midweek Update: As the mix of geo-political and market uncertainties become even more highly volatile, this whole thing could blow in an instant…


There are many flashpoints in the markets and around the globe which could result in an immediate flight to safety into gold and silver.


And I don’t think there would be much of a rush into the dollar for safety, because a number of the flashpoints are dollar bearish.



There are many flashpoints, but I’ll just talk about a few of them here.


First, there is a gigantic geo-political flashpoint in Venezuela, and as the US is seen by many nations, including China and Russia, as the aggressor attempting overthrow a sovereign Latin American government, the US is once again using and threatening to use economic sanctions, which only works to push the rest of the world even further away from the dollar.


Additionally, with this move away from the dollar, where are nations going to go amidst the geo-political uncertainty, especially if this proxy war goes “hot” in one way or another?


My guess would be that smart, saver nations make even more of a move into gold and silver, just as smart, saver nations have done for millennia.


Serious question: How can we Drain the Swamp if we keep on doing the stuff like we’re doing in Venezuela?


We can’t.


The markets have a couple of flashpoints this week that will become even more volatile from now through Friday.


Today, if the 2-day FOMC meeting, concluding with the Fed’s action/statement on interest rate policy, as well as a Fed Head Powell presser at 2:30 p.m. EST, ends up being a “policy error” made by the Fed which sends the wrong “signal” to the “markets”, gold & silver could catch an immediate bid.


Additionally, well, if this isn’t dollar bearish:




And gold bullish.


Then surely this is:




Do you even hyperinflation, bro?


The point is that both Powell and Trump can move the markets with their words, and they will surely have a lot to say between now and the end of the week.


Finally, on Friday we get the April Jobs Report, and I get it – the numbers are pure lies, but that doesn’t mean they can’t and don’t move the markets, because the numbers can and do.


Read More @ SilverDoctors.com





Loading...




Print