Major Gold Breakout on Inauguration Day As Commodity Prices Soar

• GoldSilver Pros
  We discuss the gold breakout of both the 200 and 50 day moving averages today. We also discuss how silver has successfully tested its 50 day moving average and seems headed much higher. We talk about gold prices in CPI adjusted terms, and also in REAL INFLATION adjusted terms using both Shadowstats’ and Chapwood indexes as confirmation. We discuss why recent gold and silver highs in 2011 didn’t scratch the surface of the real inflation adjusted highs for both metals in 1980. And we give you realistic price targets for both gold and silver when the economic collapse begins. Based upon our study of M1 money supply, dollar destruction is, relatively speaking, right around the corner. We discuss how the massive 3x move in rolled steel prices indicate how infrastructure spending is pushing up the commodities index. And we look at how the broad commodity complex, including energy, is indicating that much higher prices are on the way in 2021.

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