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Silver & Gold Could Be in BIG Trouble
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In this video I talk about gold price crashing today and silver price has experienced some serious volatility as well. Silver dropped last week over $4 and started off the week down $2 before rebounding today. Trump has said that he will place additional tariffs on China if the do not remove their tariffs on the US. What will happen with all of the these tariffs and tariff threats? I believe gold and silver price can continue to go down in the short term. How low can gold price and silver price go? Interestingly cryptos are falling faster than metals and silver has now passed up bitcoin in terms of market cap. Goldman Sachs has stated that they still see much more upside for gold and that they think it can still go up 10% more this year. Will gold and silver rebound in the coming weeks and months? It may depend on the FED and is they decide to cut rates in the near future. The Chaos surrounding precious metals continues this week!
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