Steve says not to expect a repeat of 2008 with the metals crashing alongside the stock market. Seychelles WAYPOINT Womens Waypoint mogochinese-29039 Boot- Womens Choose SZ Seychelles/Color. 15eaab9 Here’s why we’ll see a much different outcome…
While many investors believe the gold and silver price will crash during the next market meltdown, I see a much different outcome. Yes, it is true that the metals may sell off initially in the beginning, but I believe gold and silver will disconnect from the broader markets and move up much higher.
The reason I see the precious metals disconnecting from the broader markets during the next major correction is due to the much different setup today in the gold and silver market than it was in 2008. Precious metals investors forget just how overvalued the gold and silver prices were based on technical analysis. Of course, I am not talking about the true “Store of value” properties of the precious metals, but rather, how they trade in reference to the market in general.
As I have stated many times, the paper trading market determines the price of gold and silver, not the physical buyer. Thus, the paper market will continue to control the gold and silver prices until investors realize the dollar is just another worthless fiat currency.
In my newest video, How Will Gold & Silver Trade During The Next Market Crash, I use a few indicators to explain why I don’t see a huge crash in the gold and silver prices during the next major market correction:
In the video, I
discuss how the broader markets are setting up for a significant correction
lower while the precious metals are behaving more like a coiled spring. Although, in the initial stages of
market meltdown, we could see a broad-based selloff across all markets.
Furthermore, another indicator, the Gold Hedgers Chart also provides more evidence that gold is Men's/Women's NEW FIORANGELO WOMENS ANKLE BOOTS High quality and cheap Comfortable touch Extreme speed logisticsPikolinos Boots Black Leather Pikolinos Lyon Ankle Booties Embroidered NEWLadies Rieker 92959 Cowboy Boots Style ~ K , PRADA Shoes SZ 38.5 Ivory Wedge Heels Slingback Open toeGentlemen/Ladies Adrianna Papell Women's Pam Slip-On Loafer High grade product quality Current shapeCHACO QUINN J105450 MOSS WOMENS SIZE 7 NEW IN BOX FREE SHIPPINGAB466 MBT shoes light blue leather women ballet flats /3,/3 , 11 CM Stiletto Heel Womens Sexy Sexy Buckle Clubwear Multi Color Pumps Shoes SzNIB-Stuart Weitzman Lovefringe Ankle Strap Scarlett Suede-10M US $455Christian Louboutin Lady Peep Patent Red Sole Pump 9.5Sam Edelman Size 7 Black Suede Gladiator Sandals New Womens Shoes , Man's/Woman's Sandal Ivanka Trump Nolan Black Satin quality Has a long reputation Explosive good goodsGentlemen/Ladies Air Force 1 Low Size 11 New market Online export store Acknowledgement feedbackAdidas Torsion System Men's Low Tops Athletic Shoes Size 10 Gray Blue White , ADIDAS Distancestar, Men's Size 11.5 D, Navy/White/Green, AF5609 NEWNEW Mens ADIDAS Crazy Explosive Low White Red Basketball Shoe size 13*New* Adidas EQT Support RF Men’s Size 12 Shoes White/Grey Camo BB1995 , Nike Zoom Soldier VII PP 7 Lebron James Mens Sz 12 Basketball Shoes 609679-005ECCO Men's Biom Fjuel Tie Walking Shoe, - Choose SZ/Color , Nike Air Raid SP "PIGALLE" - 729371-500 - NIKELAB White - Men's Size 8 RARE! , Mens Dr. Martens Rohan Brown Leather Oxfords Size 14 Shoes LoafersMade to order 37 inch tall cowboy boots made to your leg and foot measuresGentlemen/Ladies Lacoste Men's Carnaby-EVO-118 Trainers Sneakers Shoes economic Settlement Price Contrary to the same paragraph , SALMAR Shoes Sz. 45 Made In Italy Man Blue 4445CIP- PUT OFFERMan's/Woman's Stacy Adams Alberto Loafer - Black Various styles Good market uniqueCalzoleria Toscana Men's Oxford Black Leather Dress Shoes Made in Italy 3796Nike Zoom Pegasus 35 Turbo 'Barely Grey' (AJ4114-060) Size 10 Worn Once! , New Balance Women's Womens 928v3 Walking Shoe Walking Shoe White/Blue 8 D US , Sugar Women's Tessa Ankle Bootie, Taupe 8 B(M) US , Women Special Heel Ankle Boots Leather Square toe Punk Boots Casual Shoes SZ become oversold, rather than overbought:
The gold short hedge position is now back to almost the same level as it was at the beginning of 2016 when gold was trading below $1,100 an ounce. This chart shows that when the gold hedgers position moves back towards the zero line, then the gold price is forming a bottom.
Lastly, when the Dow Jones Index fell 2,000 points at the beginning of 2016, investors flocked into gold and silver. As gold shot up in the first quarter of 2016, flows in the Gold ETF’s were the second highest in history. The quarter with the most Gold ETF inflows was Q1 2009 when the market was crashing to its lows. So, what do you think will happen when the Dow Jones falls precipitously this time around??
If you want to receive my newest videos, please consider subscribing to my: SRSrocco Youtube Channel.
Seychelles WAYPOINT Womens Waypoint mogochinese-29039 Boot- Womens Choose SZ Seychelles/Color. 15eaab9 - lilianasecorations.comSeychelles WAYPOINT Womens Waypoint mogochinese-29039 Boot- Womens Choose SZ Seychelles/Color. 15eaab9
My goal is to reach 500 PATRON SUPPORTERS. Currently, the SRSrocco Report has 195 Patrons!! I would also like to thank those foundation supporters, who have chosen to become a member by making donations through PayPal to further the research and publishing work at the SRSrocco Report.