Today a legend in the business told King World News that a “major catalyst” is about to send gold and silver prices surging. Keith Barron, who consults with major gold companies around the world and is responsible for one of the largest gold discoveries in the last quarter century, also spoke about something else investors should keep an eye on, as well as what to expect going forward in both the gold and silver markets.
Here is what Barron had to say: “We are starting to see some discoveries in both the gold and uranium sectors. But the situation is dire. I haven’t seen sentiment like this since post-Bre-X in 1997. So while it’s been a very tough market out there, I strongly believe we are at a bottom now.”
“The gold price has picked up a little bit today, but I think it will gain even more strength as the Dow turns around and begins to correct. The strong stock market has continued to attract new money so it has distracted from the gold and silver markets for the time being.
The bottom line is that QE is going to start to kick-in at some point and produce tremendous inflation....