Alasdair MacLeod – Why a Big Correction in Gold & Silver Will Not Happen and Despite Pullback, a Spectacular Short Squeeze Will Unfold Because of This Game-Changing Market Shock

from King World News

On the heels of gold tumbling $90 in early trading and silver plunging 8%, market veteran Alasdair Macleod told King World News that a big correction in gold and silver is not on the horizon, despite today’s pullback, and that a spectacular short squeeze in still in the cards because of a game-changing market shock.

A (small) correction in gold and silver

August 11 (King World News) – Alasdair Macleod out of London, exclusively for KWN: The intraday peak in gold was at $2,075 on Friday before profit-taking set in. It has continued this morning in European time, at the time of writing hitting a low of $1,984. The question arises as to whether this is the start of a larger correction. In judging this, we need to take a step back and reiterate some truths:

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