kingworldnews.com / September 23, 2013
With gold and silver still trading above the key area where London metals trader Andrew Maguire told King World News there would be massive central bank buying, today James Turk spoke with KWN about the ongoing war in gold and silver, and he also sent KWN about two astonishing charts to go with his commentary below.
Turk: “Today was a fairly quiet day for the precious metals, Eric, but we should not be lulled into complacency here. Over the next few weeks, it seems likely that volatility will increase in a number of different markets. Even though gold and silver will likely be impacted, we should be especially watching the US Dollar Index and T-bond yields.
The dollar and T-bond yields had big declines last week after the Fed’s no-tapering announcement, and are likely to be significantly impacted by two big news events rapidly approaching….