from King World News:
Barron: “The thing that everyone should be focusing on right now is Iraq. The situation has continued to deteriorate. Two weeks ago I told you this crisis had the potential to propel the gold price $100 higher and that would take the silver price higher with it. Gold has not yet advanced $100 but it has made a substantial upside move….
“The oil price has moved higher and that will translate into even more inflation, which is hurting an already crippled consumer.
Also, gold and silver had already been basing for a very, very long time. As I said to you two weeks ago, the gold market was just looking for a catalyst. Lo and behold the catalyst, in the form of instability, came out of left field and caught traders by surprise.
Please follow SGT Report on Twitter & help share the message.