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Bearish Reversal in Gold & Nasty Reversal in Silver

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We thought Gold was on its way after convincing weekly and monthly closes, but it put in a bearish reversal at $2100. Silver put in a nasty reversal at $26.

We discuss the short-term outlook and note that $2100 and $26 are the gateways to new bull markets.

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    Total 2 comments
    • GJ

      Precious metals are controlled by the same central banking cartel that owns 160 Countries economies and has these same world leaders by the balls. What makes you think you can ever win a rigged game? Doesn’t alter to them they make money cursing inflation depression or depression. When the system no long holds water the turn their cash into hard assets and start a new scam. What can’t you see. By now their game book is very well known.

    • Mina

      Looking from a different point of view…

      The demonically inspired Rothschild banking cartel doesn’t really “control precious metals”. It just controls and manipulates the perceived value of the printed medium currently used to purchase them. When the cartel inevitably destroys itself, precious metals will still exist and be of value just as they have been for thousands of years..

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