This Analyst’s $1300 Gold Call Was On The Money; Now What?
from Kitco NEWS
lass=”” >When market sentiment was extremely bearish for gold, one analyst stuck with his $1,300 call. Now that the metal hit that level and continues to trade near 15-month highs, does he remain bullish? Mike McGlone of McGlone Advisors told Kitco News that he remains constructive on the yellow metal, as well as silver. ‘The near perfect storm against gold — Fed tightening in a global deflationary environment, the strong US dollar, strong stock market and collapse in commodity prices — appears to have ended and may be reversing,’ he told Daniela Cambone Tuesday.
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The post This Analyst’s $1300 Gold Call Was On The Money; Now What? appeared first on Financial Survival Network.
Source: http://financialsurvivalnetwork.com/2016/05/analysts-1300-gold-call-money-now/
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Whistler Blowers, Insiders
The central Banks collude every time to hold the price down.It is impossible for those criminals to continue to do this.I predict 10’000 per Oz for Gold and $400-$500 per Oz for silver once the people finally realise precious metals (GODS MONEY) is all that is worth anything.Debt based markets are unsustainable why do you think they want your guns so badly?Because a lot of angry Americans will be out for blood before 2020 you can be certain of that,