Gold and silver have been in price consolidation mode, preparing for the next come up, but they are not quite ready for the next leg higher, though it is coming, and though gold looks solid at $1,564 an ounce as I type this sentence and silver looks solid at $17.90 right now. Though more than a few are speaking of gold and silver assets blasting off within a matter of days, I believe that gold and silver assets are going to experience one final pullback in prices before the next rapid ascension in prices occur, as I can almost see the fingerprints of the bullion banks preparing to rig gold and silver prices all over the current price behavior over the past couple of weeks.
In any event, this will be just a short post today regarding gold and silver price behavior, and for more detailed analysis, consider becoming a patron today at patreon.com/skwealthacademy and join our growing community. Stay tuned for a longer post regarding the activities of the world’s most powerful bankers and politicians at Davos, Switzerland later this week.
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