Gold to mirror 2009-2011 behavior

StreetwiseReports/Michael Ballanger/2-19-2019

“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

This entry was posted in Today's top gold news and opinion. Bookmark the permalink.