Here we cover the latest articles in the gold and silver market this week.
This is what will happen when gold and silver spikes
The Fed knows that when gold prices spike, when silver prices spike, people will see how bad the situation really is. They are keeping interest rates low, even though inflation is going up because they know when they raise interest rates this thing (financial bubble) crashes
READ IN FULLGold poised to pop above $2,000
Amidst all the commotion, long term real rates just pushed to new lows for this cycle. Meanwhile, gold got left behind. Whether a haven from a Chinese collapse or to get a jump on rising inflation in the US, gold appears poised to pop above $2,000 here.
$18,000+ gold, copper and a global crisis
Gold and copper could not be more different in a broad definition of commodities. While gold has very few industrial uses – about 10% of its mined output – copper is the most widely used industrial metal. Both metals are destined for the stars. But their flight will come from different although deeply interconnected reasons.
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