“A Perfect Storm Is Coming!”: Here's Epic Gold & Silver Forecasts - News-Credit-Mortgage-Coin

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Wednesday, February 17, 2021

“A Perfect Storm Is Coming!”: Here's Epic Gold & Silver Forecasts

 



Gold prices continue to be under pressure in recent days and diverge from silver even more. Platinum remains in its own trading world and trades above a 7-year high of $ 1,300. So what's next for gold and silver prices? What awaits the investors?


Peter Marrone: Gold prices will go up! Silver will increase more than gold

Yamana Gold chairman Peter Marrone states that precious metals cannot rise in the current economic environment. Also, Peter Marrone emphasizes that silver will outperform gold in the next bull run. Peter Marrone adds the following to his comments on the subject:


IT IS DIFFICULT FOR ME TO PREDICT WHERE THE PRICE OF YELLOW METAL WILL BE IN SHORT TERM. HOWEVER, I WANT TO INDICATE THAT THERE IS A SPECULATION ELEMENT IN THIS DISCUSSION. IN THE MIDDLE TERM AND LONG TERM, IT IS DIFFICULT TO CONSIDER THAT THE PRICES OF GOLD DO NOT RISE TO HIGHER LEVELS THAN IT IS TODAY. AND THE PRICES WILL POSSIBLY INCREASE WHEN THE MONETARY INCENTIVES IN THE WORLD, THE AMOUNT OF THE GOVERNMENT DEBT TO GDP AND THE AMOUNT OF FINANCIAL INCENTIVES ARE CONSIDERED. I SAY THAT IT IS A PERFECT STORM FOR THE GOLD PRICE. IT WILL RISE TO HIGHER LEVELS ...

Todd "Bubba" Horwitz: Gold is in danger of collapsing! Silver is in an uptrend

According to popular commodity analyst Todd "Bubba" Horwitz, the trends in the market are clear: Gold is in a downtrend and in danger of collapse, and silver and platinum remain in uptrends. For now, the critical level to watch is the $ 1,800 level. According to Todd "Bubba" Horwitz, a close below this level would raise $ 1,750 and $ 1,700. If silver could break above $ 30, it could be closed to races. Platinum is targeting $ 1,400, according to the analyst.



According to the analyst, we will stay in trend these days and see that the gold / silver ratio will continue to decline: 65 as of today, according to Todd "Bubba" Horwitz, there is a much bigger story below the surface of the bonds and gold markets. According to the analyst, while FED geniuses keep telling us that there is no inflation, bonds do not agree. The analyst emphasizes that inflation is far above the result of the FED's outdated monitoring method.


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