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« The Beaten Down Gold Sector Starts To Punch Back | Main | Gold Bugs Index HUI Stands To Gain As Bullion Prices Rally »
Friday
Feb152019

Andrew Maguire: Gold & Silver 2011 Coiling Action Continues – Will Send Gold Vaulting Above $1,400

As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies, told King World News that the price of gold is about to skyrocket as we enter the “Dark Years.” After telling King World News on January 25, that pullbacks in gold and silver would be very shallow and short-lived, which is exactly what transpired, today London whistleblower and metals trader Andrew Maguire told KWN that gold and silver continue to remain in a coiling phase similar to 2011 that will send gold vaulting quickly above $1,400.


Similar Coiling Action Seen In 2011
February 15 (King World News
) – Andrew Maguire:  “In our last King World News interview three weeks ago, we reported that all pullbacks in gold would be shallow and capitalized upon by physical buyers. This bullish coiling action continues and as I said, this coiling action is very similar to the coiling we witnessed into similar strong options resistance right before the (massive) 7-month upside breakout into the all-time August 2011 highs at $1,918…

LINK 

 

gold is still hanging in there despite being overbought from a chartist standpoint...

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