- The Stunning Roadmap to $500 Silver & $8,000 Gold !
With continued volatility in gold and silver, investors around the world are now wondering where the metals are headed from here? Today Kevin Wides out of Switzerland sent KWN a couple of fantastic charts which give readers a look at the big picture and point to gold over $8,000 and silver above $500.
Wides: “I read Dan Norcicni’s latest interview on KWN and his views pointed me directly back to the piece I sent KWN on January 23rd of this year. In that piece I shared my views on the coming mania in gold and silver. But like all market trades and investments, timing can be very hard. However, with current fundamentals and market positioning the time for the mania phase could be upon us.
Reviewing the charts one can see that the last setup and requirement for the mania phase to really begin is that many market participants need to be caught in the “bear trap,” clearly noted on the life cycle chart (above). Evidence today, highlighted by Norcini, is overwhelming that there are historically unprecedented short positions in silver, and very large shorts in gold….