Before the precious metals make another BIG MOVE HIGHER, we will likely see a correction first. This is especially true with the high commercial net short position in Gold, Silver, and Bitcoin. However, Bitcoin has already fallen $10,000 from its highs and may have further to go…
The next week is important for the precious metals as it could set the stage for the trend over the next several months. Interestingly, Jeff Christian of CPM Group believes gold and silver could rally briefly until the end of June…
While GoldMoney’s head of Research, Alasdair Macleod, continues to hype $10,000-$15,000 Gold, his company is doing the exact opposite. Over the past year, GoldMoney has liquidated 95% of its precious metals holdings to purchase three commercial real estate properties…
Why did Donald Trump totally reverse his stance on Bitcoin as a “Scam” and now totally support the Bitcoin Mining Industry? Well, it seems to come down to Big Money and much-needed votes. Also, are we seeing another Bullish Setup in the silver price…
This institution just became the third-largest holder of the Sprott PSLV ETF, and is why it represents a coming trend-change in global silver investment. I also believe future institutional Silver ETF investment will likely crowd out retail investors who will move more into physical metal buying…
Not only have Gold, Silver, and Bitcoin been trading in similar patterns, but all three assets have high short positions. In fact, Bitcoin just registered the highest short position this week. So, what does this mean for precious metals and Bitcoin going forward…