One of our most recent video reports!
See the original article below:
Josh Sigurdson talks with author and economic analyst John Sneisen about the massive gold rally which hit a 7 year growth high over the New Year!
As it continues to climb, people are once again seeing the value in precious metals.
Gold and silver have been heavily manipulated via ETFs, big banks, the Exchange Stabilization Fund among other master manipulators. Most notably since 2012 when gold climbed 1000% from 2002, gold was held down in an artificial bear markets. The physical sales were up but ETFs manipulated it into oblivion.
While we did see a big rally in January 2016, it appears gold is starting to breach the hands of the manipulators as we reported in December, it had broken the 7 year bear trend. This is great for silver and gold.
Of course we at WAM are big supporters of diversification between gold, silver, Bitcoin and other cryptocurrencies as a way to pull away from the failing central banks and fiat is printed into nothingness.
Interestingly, as gold and silver climbed over the New Year, the dollar slumped and there's no surprises there!
Stay tuned as we continue to get vindicated in a good way for once as gold and silver continue to show themselves to be great wealth insurance. Not an investment! Insurance! We all can do with extra preparation for the coming winter if you know what I mean!
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If gold is rallying higher despite the never-ending pump of the stock market, it means only one thing: the big dogs are getting ready for another financial crisis!
At this point, even the average Joe knows stocks are in a massive bubble. What's even more laughable is Trump saying the stock market is at an ATH because of his leadership, policies and political acumen. LOL
lol Yeah the euphoria in the stock market is hilarious. Reminds me of 2007. And 2001. And the late 80s. And 1975. 1929... I can go on... :P
Gold will rally throughout 2018! You are right the USD is in trouble. We will see the USD down throughout the year while the stock market becomes more expensive. Go long gold and crypto.
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Thanks and upvoted!
compared to fiat skyrockets, it goes down compared to crypto...
the weekly chart looks flat to me, am i missing something?
Great Report. I'm rather curious about the state of gold vs FIAT currency this year. I think Gold with Rise some due to High Demand in fear of Fiat Currency. AltCoins with definitely as a whole continue to rise.