Loading ...To make it quick: He’s seeing high probability signals that both gold and silver are bottoming out right now and heading higher again into 2020, maybe as late as the fall. How high? Say 80%. That’s Adam O’Dell territory. Only Adam can find short-term probabilities like that!
That’s serious, but the good news? The smart money is already buying the beaten-down mining stocks, so gold and silver should be next to run and look to already be starting with a minimum target of $1,720 on gold, maybe even $1,900. This also has implications for Treasury bond yields continuing to rise a bit which will be good for locking in that safe haven play in 2020 when we finally see stock peak.
https://economyandmarkets.com/markets/gold/golds-big-bottom/