{"id":59,"date":"2019-01-29T19:47:57","date_gmt":"2019-01-29T19:47:57","guid":{"rendered":"http:\/\/goldsilverdesk.com\/news\/?p=59"},"modified":"2024-07-08T17:45:57","modified_gmt":"2024-07-08T17:45:57","slug":"james-turk-this-breakout-move-in-gold-silver-is-real-enjoy-the-ride","status":"publish","type":"post","link":"https:\/\/goldsilverdesk.com\/news\/james-turk-this-breakout-move-in-gold-silver-is-real-enjoy-the-ride\/","title":{"rendered":"James Turk \u2013 This Breakout Move In Gold &#038; Silver Is Real, Enjoy The Ride"},"content":{"rendered":"\n<p>January 29, 2019<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>With gold punching above $1,310 and silver surging toward $16, today James Turk told KWN\u201cThis move is real.\u201d<\/strong><\/h2>\n\n\n\n<p><strong>January 29 (KWN) \u2013 James Turk:<\/strong>  \u201cThis move is real, Eric.  We\u2019ve got gold over $1,300 and it\u2019s in a powerful uptrend.  Silver is breaking through its resistance at $15.80 and looks ready to head higher along with gold\u2026 <\/p>\n\n\n\n<p><strong>Money Flowing Into Mining Stocks<\/strong><br><strong>James Turk continues:&nbsp;&nbsp;<\/strong>\u201cImportantly, money is not only moving into precious metals but into the mining stocks as well. There is some caution and hesitation by many investors.&nbsp;&nbsp;This caution is understandable in view of what investors in the precious metals sector have gone through in the past several years.&nbsp;&nbsp;But bull markets always begin this way, Eric.&nbsp;&nbsp;They are always climbing a \u2018Wall of worry,\u2019 so we have to step back from the trees and take a look at the forest.<\/p>\n\n\n\n<p><strong>Expect Upside Surprises In Gold &amp; Silver Bull Markets<br><\/strong>In that regard, there are two things to focus on: how undervalued the precious metals are, and secondly, how many bullish factors indicate that 2019 is going to be a great year for gold, silver, and the mining stocks.&nbsp;&nbsp;For what it\u2019s worth, Eric, the powers that be could not keep the precious metals down during this option expiry week, at least up to now.&nbsp; And if this bullish trend continues through tomorrow, after the FOMC announcement, that would be an even bigger surprise. &nbsp;That is very unusual and it\u2019s an important sign when markets trade differently like this.&nbsp;Or said another way, there is a lot of buying pressure in the market, which just goes to show that surprises in bull markets almost always happen on the upside.&nbsp;&nbsp;Enjoy the ride.&#8221;<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>_________________________________<\/strong><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>January 29, 2019 With gold punching above $1,310 and silver surging toward $16, today James Turk told KWN\u201cThis move is real.\u201d January 29 (KWN) \u2013 James Turk: \u201cThis move is real, Eric. We\u2019ve got gold over $1,300 and it\u2019s in a powerful uptrend. Silver is breaking through its resistance at $15.80 and looks ready to &hellip; <a href=\"https:\/\/goldsilverdesk.com\/news\/james-turk-this-breakout-move-in-gold-silver-is-real-enjoy-the-ride\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;James Turk \u2013 This Breakout Move In Gold &#038; Silver Is Real, Enjoy The Ride&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-59","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>James Turk \u2013 This Breakout Move In Gold &amp; Silver Is Real, Enjoy The Ride - Gold Silver Desk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/goldsilverdesk.com\/news\/james-turk-this-breakout-move-in-gold-silver-is-real-enjoy-the-ride\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"James Turk \u2013 This Breakout Move In Gold &amp; Silver Is Real, Enjoy The Ride\" \/>\n<meta property=\"og:description\" content=\"January 29, 2019 With gold punching above $1,310 and silver surging toward $16, today James Turk told KWN\u201cThis move is real.\u201d January 29 (KWN) \u2013 James Turk: \u201cThis move is real, Eric. We\u2019ve got gold over $1,300 and it\u2019s in a powerful uptrend. 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We\u2019ve got gold over $1,300 and it\u2019s in a powerful uptrend. 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