_the-case-for-gold-rising-to-362347-or-falling-to-36810.jpg "The Case for Gold Rising to $2347 -- or Falling to $810 from comex gold price Video Screenshot Preview")
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⏲ Duration: 21 min 2 sec
✓ Published: 17-Dec-2014
✓ Published: 17-Dec-2014
Description:
The correction in precious metals, now in its 39th month, has been devastating for long-term bulls. At recent lows, gold was trading 42% below its September 2011 Comex high of $1952. As for silver, which peaked at $50, it has plummeted by an astounding 72%. From a technical standpoint, both look like they have further to fall: gold,currently trading around $1200, to exactly $810; and silver, quoted today near $16, to – better sit down for this – $7.86. nnAs a hard-core deflationist who is
The correction in precious metals, now in its 39th month, has been devastating for long-term bulls. At recent lows, gold was trading 42% below its September 2011 Comex high of $1952. As for silver, which peaked at $50, it has plummeted by an astounding 72%. From a technical standpoint, both look like they have further to fall: gold,currently trading around $1200, to exactly $810; and silver, quoted today near $16, to – better sit down for this – $7.86. nnAs a hard-core deflationist who is
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