Venezuela if you recall sold a major stake of its gold in order to settle debts the nation owed. We covered this in videos in the past.
Here is what I see happening Monday: Venezuela's chaos will cause some unsettling in oil markets likely. The recent dip in oil, surely had a role in the metals slaughter. Should the Venezuela situation cause a rise in oil prices and market uncertainty, I believe we will see a rise in metals on Monday. THIS WEEKEND is a good time to lock in orders with some online bullion dealers. I try not to get too involved in prognostications, however this seems like a very likely scenario. See you all on Monday!
*this was released early on Saturday for the Patrons of the Junius Maltby Channel.
To my Patrons, I thank all of you for your support, encouragement and motivation.