Actionable insights straight to your inbox

Equities logo

Summer is Breaking Out—and so is Gold – Weekly Wrap-Up

On this edition of the Wrap-Up, Eric Sprott gives you all the gold and silver news you need...

Trader

Day, Swing, and Long-Term Investor. Own rental properties and self-storage facility.
Day, Swing, and Long-Term Investor. Own rental properties and self-storage facility.
Summer is Breaking Outâ??and so is Gold - Weekly Wrap-Up (June 21, 2019)

Today marks the summer solstice: the official first day of summer and the longest day of the year. And as gold continues its breakout, it could be a long day indeed for bankers.

On this edition of the Wrap-Up, Eric Sprott gives you all the gold and silver news you need, including:

  • Why top of range targets aren’t as crazy as they might seem
  • How the breakout will affect the mining shares
  • Plus: Why the U.S. price will catch up fast
  • “I love going back to the call we had three weeks ago, when I said I’d read an article that I really believed in that suggested gold would have a rally for 5-7 weeks… We’ve had three of them now! This rally started at $1275. We’re at $1400. That gentleman, Chris Vermeulen, and I’ve got to give him credit for being prescient… The first target was $1450, but he actually thought it was going to go to $1650. And I want the listeners to think about that: $1650! What would happen?”

    If you would like to see more of Chris, visit www.thetechnicaltraders.com.

    Chris Vermeulen
    Founder of Technical Traders Ltd.

    As the markets put the debt ceiling debacle in the rearview mirror, more than a few issues remain open.