A chart of the 12-month rolling return percentage change in standard deviations suggests gold is currently sending the biggest buy signal since 2008, and the 2nd largest in the entire bull market to date.
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Source: Bloomberg
Chart of the Day: Gold Sending Biggest Buy Signal Since 2008
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This is a good report by Max Keiser, especially at 9:20 of the show where he predicts China will make Silver the World Reserve money and soar Silver over $100 over night!!! Bring it!!!
The metals Expoling out of the caps this week is welcome news. But it also scares the hell out of me because of what it could mean. The “Event” thats coming may well be here. If it is, God help us all and a prayer for those still sleeping who have made no preparations for it at all.
Event? What event? The slow motion train wreck of an economic /monetary / financial crash is virtually never an event but a process. We are WELL along in this process now and are, in fact, seeing the results of only the 1st of many cars to leave the rails.
As to those who have not prepared for a collapse of the fiat monetary system… well, a lot of us HAVE tried to get them to stop chewing their cud, open their eyes, look at the facts, and get off the couch. All to no avail. Some folks just HAVE to be hit in the face with a brick before they understand that flying bricks are dangerous. This is the price of denial and it is steep.
I don’t understand the chart. Someone care to explain ? Thanks.
If this is the actual start of gold and silver exploding out of the control of the cartels I agree, this is the point where the world economy crashes as bad as the great depression or even worse. With so many already on the government handout system I don’t think they will be able to do much to help. Big cities are going to turn into war zones as the poor try to eat.
“Big cities are going to turn into war zones as the poor try to eat.”
Yep. One can only wonder what level of mayhem will ensue once the government teat runs dry. Those who have done nothing but be trained to sit on their butts with their hands out for “their share” will be in deep doo. Could be that they’ll be eating each other before this is over and done. Who knows? Maybe that’s all part of The Plan?
Well the dreaded take down has occurred. We will see how far they will attempt to take it down. Ole Blythe on her broom circling London..