The correction in gold and silver is a part and parcel of a long term bull rally. A short term bearish trend will be there if gold and silver continue to fall after the Bank of England meeting on Thursday this week. The UN meeting on North Korea will be fake. The USA will get what it wants from the UN. Other than Russia there is no other power which can challenge NATO and the UN. Russian stance will be the key to the North Korean crisis just like Syria. Physical demand for gold and silver will zoom in Asia on any two percent fall (if any).
Hurricanes in the USA are a short term pain for the US economy but a real long term gain.
This post was published at GoldSeek on 11 September 2017.
Follow on Twitter
Recent Comments