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RE: Gold at $1,246 / Silver at $16.47 - Thoughts in the Market of Precious Metals

in #silver7 years ago

IMO the precious metals market has been rather stagnant the last 2 years. One would often think that with all this uncertainty in the world, these would shoot up in price. I feel like there are many people online suggesting to buy metals, and even with all things considered the price is not rising. Even with more demand from technology like cellphones, tablets, and other electronics, we still don't see the price rising. The prices are being suppressed currently while some big dogs accumulate. I think sometime in the next 20 years we will see an explosion in value. But I don't expect this to be before the news networks start trying to make people worry about the value of their paper currency.

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I am predicting we shall start to see a substantial rise beginning in July, 2017. Things are beginning to seriously fall apart. Paper Currency is going for a nasty ride here soon. Look at what is currently happening in Illinois. Bankruptcy looms. True, manipulation is currently KING in the metals market and that will change this year. I'm banking on it. Good luck.

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