Looks like we will have a positive price movement this week. Unusual price increase on a Monday morning following a big Friday finish is a good set up.
I expect an attempt at a price smash but feel it will not have a lingering impact.
@goldbear77 I like your posts but have to disagree on your stance regarding gold in a crisis. Look at Venezuela to see how .P.Ms fare in an economic meltdown.
to suggest there is value in fiat bonds in an inflationary environment is pretty risky. At a current cost of over 100 million Bolivar per ounce of silver I think you would have to agree that their fiat is not looking too healthy. USA Bonds are yielding less than inflation and only get their value from trading. The world has started to shun these debt instruments.
I absolutely think that Gold and Silver are great things to own in a crisis.
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Looks like we will have a positive price movement this week....
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