Gold to mirror 2009-2011 behavior
“For most of this frigid weekend, I have been pondering over the longer term implications of the Powell Policy shift in late December. The more I think about it, the more convinced I am of the likelihood of a sustained advance in gold and silver, mirroring their behaviors in the 2009-2011 period, which was the last time the bankers bailed out stocks.”
USAGOLD note: Recently, we reposted Michael Ballanger’s Back up the Truck alert from late August 2018 when gold hit its interim bottom at $1167 per ounce. Here is what he has to say about gold and silver now at $1340. . . . .
Repost from 2-19-2019