Kerr Mines Inc (KER)

[goldenpolarbear]

« ...Basically, professional investors have all switched to the long side of the market, including the most powerful JP Morgan. Meanwhile, smaller speculators have been lured into record short positions, thinking that gold has had it and Wall Street is the only game in town.

All the commercial longs have to do now is tip the market into a mild upturn and all these short positions will have to cover. That is to say buy gold contracts to close off their losing short positions before they get into even more financial trouble.

This should lead to a sudden flood of buyers that will drive precious metal prices sharply higher, triggering phase one of a new bull phase. The long commercial Comex players will win yet again, along with anybody who’s been bright enough to see what is coming.

This phase of a gold bull market takes around three to four months to play out before the wider financial markets are convinced it is happening and then all pile in for phases two and three.

The final phase of a commodities bull market - like the one that started in gold in 2000 is always a price spike, not something we have seen yet.

The collapse of cryptocurrencies last week could be the driver that opens the way for substantial gold price rises as cryptos have distracted speculators from precious metals. So too the recent emerging markets crash, and a growing correction in major stock markets.... »

https://www.thenational.ae/business/money/is-gold-set-for-a-much-brighter-future-1.768322

https://www.heraldandnews.com/news/trump-threatens-to-expand-trade-war-to-all-chinese-imports/article_99f0e52e-d99f-5e98-a1d0-14512a614ef7.html

https://kerrmines.com/investors/