Norcini has been stunningly accurate in his predictions of the movement in the gold and silver markets. Now the acclaimed trader discusses these incredibly important developments in both of these markets: “Safe havens are being jettisoned right now and we have seen a breakdown in the bond market and the rise in interest rates. This is why gold has not been able, at least so far, to hold on to any rallies. The hedge funds which are still long gold are using any rallies to sell their paper gold in order to redeploy that capital.
Read the complete article at King World News here.
Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.