The Phaserl


Gold & Silver Staring into the Abyss: Next Major Support at $1,000 & $9!

from Silver Doctors:


In this week’s MUST LISTEN Metals & Markets, The Doc & Eric Dubin break down the epic take-down in the metals futures markets this week, discussing: 

  • With gold’s triple bottom at $1280 breached and silver plunging below its uptrend channel from the 2nd phase of its secular bull market- next major support levels are $1,000 in gold and $9 in silver!  Is an EPIC PLUNGE dead ahead for the metals?
  • Blood is pouring in the streets!   How much longer can the pain last?
  • Physical silver demand EXPLODES– premiums spiking as shortages develop
  • US Mint October Silver Eagle sales near 6 million oz- all time yearly sales record looks set to fall
  • While QE “ends” in the US, Japan goes QEInfinityER, ramps QE to JPY 80 Trillion

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3 comments to Gold & Silver Staring into the Abyss: Next Major Support at $1,000 & $9!

  • mac

    Demand Explodes! Oh ya? This story is years and years old…”just keep stacking” – oh ya – feel sorry for those who bought in for the last 3 years.
    You people have no power to do anything about price! Realize it, you are muppets, getting the shaft continually.
    The country has been taken over and whatca going do ’bout it stackers and goldbugs???
    You are talking old stuff guys, repeating the same memes. And the believers are getting flattened!
    Now we know why China’s silver inventories were almost depleted – cuz they planned to buy cheaper and knew they could! Also, they bought the LME in Eng. where many metals are transferred. Eh what?

    • Eric

      the believers are getting flattened. the knowers are enjoying the ride.

      the cartel will die one day soon. Not tomorrow but soon enough. When that day comes, what will I do? Rejoice!

  • Ed_B

    “With gold’s triple bottom at $1280 breached…”

    That would be the $1180 triple bottom, not the $1280 triple bottom.

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