17 min listen
Where are gold and silver prices headed? - David Erfle #5283
Where are gold and silver prices headed? - David Erfle #5283
ratings:
Length:
24 minutes
Released:
Oct 1, 2021
Format:
Podcast episode
Description
Summary: Are you wondering where gold and silver prices are headed? In this episode I speak with David Erfle, who has been spot on about prices for a long time. In our conversation we break down some of the underlying factors that have affected prices—specifically corrections and the imminent quarter close. We also discuss inflation, which has played a large role in some of these fluctuations. Tune in to hear more from myself and Erfle, and get the full picture of what’s happening with the metals market. Highlights: -Where are gold and silver prices headed? -David Erfle has been spot on about prices for a long time -Perception is the buzz word with precious metals -There could be a bounce before the quarter close—it’s over-sold on the short term -Premiums have come down a bit, but in light of the last decline, they will probably shoot back up -The stock market is due for a correction -Gold stocks have gone from being hated, to investors being apathetic -In instances like this, you want to still be leveraged with stocks and still have a large cash position -The catalyst to push gold prices higher could be an official taper announcement at the next Fed meeting -Gold price will get hit more with a mediocre NFP -Everything is going up in price—commodities, natgas, etc. -Real inflation is here to stay -We are trying to solve a sovereign debt crisis with more debt -Insurance is on sale; the insurance is gold Useful Links: Financial Survival Network Junior Miner Junky
Released:
Oct 1, 2021
Format:
Podcast episode
Titles in the series (100)
Welcome Back To The 1970's - "Transitory" Inflation - Dr. Michael Busler #5156: The 1970’s Are Back, With Inflation, Gas Lines, And Presidential Fiddling Inflation in April accelerated at its fastest pace in more than 12 years as the U.S. economic recovery kicked into gear and energy prices jumped higher, the Labor Department... by Financial Survival Network