This week, we speak with Christopher Aaron of iGoldAdvisor.com on major macro trends for gold, silver, and the major financial markets to close this year into 2019.
Last time Chris was on his show in early June 2018, we discussed the then building probability that spot prices could fall as they indeed did throughout this past summer 2018.
What major trends is Chris watching at the moment?
What is happening with the Gold Silver ratio, bond market, and how useful is the COT Report for making short term trading calls?
Both gold prices and silver prices traded sideways to slightly up this week. Gold looks to be closing just under $1,230 dollars per ounce, while silver spot price in US dollar terms is closing around $14.70 a troy ounce.
A bullion buyer years before the 2008 Global Financial Crisis, James Anderson is a grounded precious metals researcher, content creator, and physical investment grade bullion professional. He has authored several Gold & Silver Guides and has been featured on the History Channel, Zero Hedge, Gold-Eagle, Silver Seek, Value Walk and many more. You can pick up Jame's most recent, comprehensive 200+ Page book here at SD Bullion.
Given that repressed commodity values are now near 100-year low level valuations versus large US stocks, James remains convinced investors and savers should buy and maintain a prudent physical bullion position now, before more unfunded promises debase away in the coming decades.