Gold/Silver Breakout; Supply Could Be Wiped Out | Andy Schectman
4 months ago
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Gold is breaking out to new highs, some of the most popular coins are getting sold out, and retail premiums are turning higher. These factors could signal a sustained rally in the metals, says Andy Schectman. Central banks and many wealthy investors have been quietly accumulating record quantities of gold and the major exchanges are bleeding metal. It wouldn’t surprise Schectman if by next week premiums have shot higher and inventory is nearly wiped out.
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