One of my favorite silver analyst James Turk hasn't figured out when some of the price manipulators are about to yank the rug from underneath the price : ) In Turk's March 29/30 interview he stated if gold finished the week above 1650 & silver above 32 their corrections ought to be completed. I'm figuring Turk's analysis is possibly in the general vicinity of being correct.
A couple of things seem reasonable to assume. The first is that debt piled on more debt doesn't solve a debt problem unless the additional debt provides a solid economic base which will catapult sustainable economic growth. Unfortunately U.S. debt has surpassed the point of no return due to the enormous interest paid on the debt. The second assumption is increasing taxes and piling on additional layers of federal regulations will only retard the efforts of sustainable growth via printing and injecting currency into certain areas of the economy. Bottom line: More veiled currency printing this election year will move gold&silver prices higher with the current cabal BigBanks/FederalReserve/corrupt politicians continuing attempts to suppress gold&silver prices. Hope I'm right :)
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