Metals

Draghi’s FIAT Bazooka: “It’s Terrifying” — Alasdair Macleod

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from SilverDoctors:

VIDEO: With Super Mario Draghi dropping a bomb on global financial markets Thursday, Doc & Dubin welcomed Alasdair Macleod out of London back on the show to break down the implications for the markets, gold, and silver:
On Draghi’s Bazooka QE: “It’s actually quite terrifying…” On Gold: There is a Golden Cross Underneath a Rising Gold Price, as well as a Pennant Formation! We’re looking at a minimum gold price of $1400, and it could happen quite quickly…