Michael Oliver: A T-Bond Implosion Underway Will Ignite Gold Beyond $8,000

Michael Oliver sees the recent decline in gold and silver setting the stage for the final and most dramatic price rise for gold and silver. Michael disagrees with those who equate the current decline in gold with that of the decline in the yellow metal in 2008 because with the T-Bond now breaking down and foreign net export nations exiting the US Treasury market, the die is cast for massive money printing creating an inflationary spiral. He believes gold and silver shares are the place to be pointing out mining margins are very strong and while energy prices have risen with the war, oil at $100 has not risen anything close to the rise in the price of gold and silver, so profit margins of gold and silver miners should remain robust, far above what most investors understand.