Monday , 26 September 2016


Gold & Silver Will Plummet In 1st Qtr. of 2016 – Then Go Parabolic!

My analysesgold-silver of gold & silver indicates they will plummet to $725ozt. & $12ozt. respectively during the 1st. Qtr. of 2016 and then go absolutely parabolic in price by the end of 2016/early 2017. Below are the specific details of my forecasts (with charts) to help you reap substantial financial rewards should you wish to avail yourself of my insightful analyses.

So writes Juan Eduardo Morales Veas (MoneyGreedandFear.com) in edited excerpts from his original article and updates sent to munKNEE.com for publication.

[The following is presented by Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com and www.munKNEE.com and may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. This paragraph must be included in any article re-posting to avoid copyright infringement.]

Morales Veas goes on to say in further edited excerpts:

As the charts for gold and silver show below:

Now is the time to open short positions on gold and silver!

1. Gold:

  • will plunge to US$725 approx. during the first quarter of 2016
  • then go parabolic to US$3,500 approx., sometime between November 2016 & February. 2017!

2. Silver:

  • will plunge to US$12 approx. during the first quarter of 2016
  • then go parabolic to US$90 approx.  sometime between November 2016 & February. 2017!

Gold Chart

 

SpotGoldIndex.Jan.1971-Dec.2013

Silver Chart

SpotSilverIndex.Apr.1986-Dec.2013

(The above 2 charts were made using MetaStock Pro. 12 software – www.metastock.com)

Stay connected!

 

In addition, I’m also forecasting that:

  • The Dollar will continue rallying.
  • The Dow Jones will continue rallying.
  • The Euro will collapse.
  • The sovereign bonds will collapse.

Related Articles from the munKNEE Vault:

1. Only Fools Base Investment Decisions On Pundit Predictions! Here’s Why

Recently I discovered a website which tracks pundits in finance (and politics and sports). Check it out to see how many of the calls and predictions of your favorite prognosticators have turned out to be true. You’ll be surprised and, no doubt, disappointed!

3. Just How Accurate Are Financial Forecasts?

Even the foremost experts in most fields are no better than a flip of the coin at predicting what’s going to happen in their particular area of expertise. In fact, in one study those with 80% confidence in their forecasts were only right 45% of the time, so even worse than a coin flip.

 

 

15 comments

  1. I NEED THE HELP YOU GUYS…………JULY 5TH MONDAY…..SILVER START IT CLIMB TO 3 DIGIT…YOUR WELCOME THE BEEE buzzzzz

  2. I totally agree with your assessments…(I predicted a low of around $980 for gold) but my timeline is different.
    I believe PM’s will go crazy directly after the election (inauguration) of the new POTUS so that puts my ‘parabolic’ timeline around the end of 2016 beginning of 2017 with a few bounces inbetween now and then.
    Personally I wish it would go up sooner…all I’m doing is buying PMs. I mean crap…I love the stuff, but I really NEED a vacation. lol.

  3. We believe the same as we have seen an increase of selling silver and gold in our NYC office.

  4. As you say, gold and silver trends go parallel. With silver discounted by approx. 60% from its high, what is the possibility that gold follows the same trend -[i.e. to approx. $750]?

    • The wise money has said gold will average around 1250 for a while. Costs of production previous sales, and the price in terms of inflation when compared to historical prices in terms of the price range 1982 to 1998. Its all there. We saw 800 gold in 1981 a fall back to a low 298 in 98 . You do the math. Average 1250 or so. Long way from 1900$ so it goes. Silver follows mom. platinum also very polite at only 200to 300 over tpog. Buy? sell? no , hold and enjoy the ride.

  5. This is really a gutsy call since JP Morgan just admitted that they are now currently holding more physical silver than at any point in their history. There is geo political strife that cannot be seen on charts, in fact, market manipulation always happens right before a full crash. These are called wealth transfers for those new to the game. MZM is is going parabolic, while China and Russia are bypassing the US Dollar. Iran has been accepting gold through Dubai for oil and other exports. It seems that all other industrialized countries of the world are buying gold and silver at record tonnes, but the stuff has no value here in the United States. If we go through deflation I can see 700 per ounce gold, but it won’t be soon after that hyperinflation takes hold as countries unload excess dollar reserves for art, gold, silver, homes etc…

  6. It’s fixed!! They rip people off for their own interest. They sell to you at a high price then there is a sell off cheap so you will never make any money. The more you buy the more they lower the price.

  7. So why is gold & silver now dropping in value? JP Morgan’s controling the market perhaps? Please let us know. Thanks,

    • Global gold prices fell as the Indian 80:20 news broke Friday with Indian dealers also reporting a sharp drop in domestic premiums over and above London quotes – a marker of local supplies.

      Just the news has caused the reduced price in the past weeks and now the bottom falling out..

      GOOGLE IT! This is the reason and your not going to read about it on MSN or Marketwatch. It’s all government control.

      Larry Kendrick 11/28/14