I understand most people in the gold community have an issue with Jeffrey Christian. What everyone overlooks is the fact that his company OWNS the levers that manipulate the market. This is a key factor in being able to “predict” the price of gold. If there is a sudden rush of buyers into the “market” there are ways for the button-pushers to keep it all in check. Not an issue.
He, Jeffrey, may have an idea of what is happening with gold and silver prices. He may know exactly when gold and silver are going to go up and when they will go down. The downside is not an issue, it’s the upside that needs managing in order to keep the smoke screen of the Federal Reserve Note intact.
I don’t want to ever have a beer with him, but I will listen to what he says, as long as his company OWNS the levers that CREATE the price of gold and silver.
What did he say about gold in 2019? “between $1,300 and $1,400” That’s what I’m going with. If we can see $1,375 by years end, then head into 2020 from that point. $1,375+ is exactly the set up need to create a base for much higher gold in 2020 – the year when everything changes.
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