Silver

Every end of May, Incrementum publishes one of the most comprehensive gold studies worldwide. The 2019 report’s leitmotif refers to the erosion of trust in politics, society, and the global monetary architecture.

The breakout in gold and silver that we have been patiently waiting for is now starting. The long term up move in the precious metals, which have been pausing since 2011, is now resuming. We can with confidence expect all the short term resistance levels to be broken. The first obstacle was the Gold...

Even with this consistent manipulation, gold still reveals the deceit and the mismanagement of the economy. No UK prime minister has told the British people, that their money has lost most of its value in real terms in this century.

After about two months of consolidation, gold has touched the red evolvent from which it immediately rebounded: this confirms not only that the structure is perfectly aligned to a bullish view, but that the red evolvent represents exactly the support to be monitored.

The massive explosion of wealth in the world could be a sign of general prosperity but that is certainly very far from the truth. The printed money and credit expansion has only benefited a very small minority. The gap between the rich and the poor is getting ever wider but it will soon shrink drama...

My long standing target for gold of $10,000 in today’s money and much, much higher in inflationary terms, is now more probable than ever.

There are a number of critical factors that will soon lead to the crossing of the Gold Maginot Line at $1,350.

China, having itself announced its desire to see Keynes' BANCOR set up, knows that the solution to resolve the huge imbalance in Sino-American trade is to revalue the yuan and devalue the US dollar.

In the last few months, the gold/silver ratio has always remained in a range between 82-86, but the bearish wedge pattern makes possible a sudden fall in the ratio, which would favor silver in a surprising way.

In my last report, I signaled a technical structure with a rounded base and the weakness was still physiological but in perspective the second half would represent the ideal period for the breaking out of the resistance in the area $1350...