Gold Preparing for Strong Rise, Bullion Bank Troubles, Plus a Look at Silver

from King World News

On the heels of continued wild trading in global markets, gold is preparing for a strong rise, bullion bank troubles, plus a look at silver.

Bullion Bank Troubles

February 5 (King World News) – Alasdair Macleod: “Looking at the progression of Open Interest on Comex, it looks like the gold price is being managed lower. This is required because I believe a number of bullion banks were in difficulties when gold threatened to go above $1600. Once this is sorted, gold should rise strongly.”…

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