- Financial Survival Network
- Posts
- Key Charts: Turk Says Gold, Silver and Mining Stocks Ready to Launch!
Key Charts: Turk Says Gold, Silver and Mining Stocks Ready to Launch!
from King World News
Today 50 year market veteran James Turk told King World News that the recent surge in gold and silver has them ready to blastoff to the upside. This upside blast will include the mining shares.
A New Record High For Gold Is Near
November 27 (King World News) – James Turk: Silver has cleared an important hurdle, Eric, and so has gold by closing on Friday above $2000.
Gold in dollar terms is not yet at a new record high, which is a target already achieved by most other fiat currencies. But this past Friday is only the third time gold closed above $2000, and this achievement suggests a new record high is near. Maybe we will see gold’s first monthly close above $2000 this Thursday, November 30th, which would be another sign of underlying strength…