Financial Survival Network

Summary: Why isn’t gold up to $3k an ounce? I have Jordan Roy-Byrne on the show to discuss some of the peculiarities in the precious metals at this point in time. The correction has taken longer than expected, but ultimately this is in the context of the technical pattern we’ve observed historically. Jordan predicts that gold will eventually go much higher than $3k-$4k; once things start to move, they will move a lot faster than anticipated. Tune in for more insight on what’s to come with gold. Highlights: -Why isn’t gold up to $3k/ounce? It’s in a very bullish technical pattern -The correction has taken longer than expected, but it’s in the context of the pattern -It’s not going to go below the 38% retracement of the pattern -Based on history, it will probably hit $4k shortly after it hits $3k -This movement will probably happen sometime this year -The potential upside for this market is huge -Once things happen, they happen a lot faster than we ever thought was possible -Eventually, gold will go much higher