Kitco's Peter Hug joined us for a review of the recent action in the precious metals and the beginning of gold's new bull market. He believes that a lot will have to do with the Fed's approach to cutting rates. Peter believes that the Fed will take a more cautious approach and cut 25 basis points at the next meeting. If they go higher, it could be a real boost. Once gold breaks the next resistance point around 1420, gold could close out the year around $1550. Let's see what happens next. 

Direct download: Peter_Hug_10.Jul.19.mp3
Category:general -- posted at: 11:57am EDT



-->

Syndication

Categories

Archives

September 2020
S M T W T F S
     
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30