Anyone who can look at the following charts and still say the economy is in even mildly good shape is deluding themselves. These are charts from Eric Pomboy of Meridian Macro Research in an article from KWN entitled, Here’s Why There Is A War In Gold Near The Key $1,300 Level. They clearly point out why gold will be in such demand as the COMEX deliverable gold inventory dries up at the same time many will be looking for a financial safe haven. Physical gold and silver will become the obvious choice.
Folks, the economy is in peril.
Read the full story with chart analysis at KING WORLD NEWS.
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