The Phaserl


Interconnected Markets Pushed to Extremes, Increasing Risks

by Mike Gleason, Money Metals:

Later in today’s program Dr. Chris Martenson joins me. And he’ll tell you why the central planners DON’T want you to own gold – and issues a chilling warning to those who are caught unprepared before the next major financial crisis. Be sure to stick around for a tremendous interview with Chris Martenson, coming up after this week’s market update.

Well in this final podcast for 2016, we’ll review the year that was in precious metals markets and look ahead to the year that might be in 2017.

Gold and silver each got off to a rip-roaring start this past year, posting stellar gains through the first half of the 2016 – only to give back much of those gains in the second half. Gold entered January trading at around $1,060 per ounce. Prices got as high as $1,380 in the summer. But it was all downhill in the fall.

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