17 min listen
Chris Vermeulen - Downside in Precious Metals is Gone #5359
Chris Vermeulen - Downside in Precious Metals is Gone #5359
ratings:
Length:
19 minutes
Released:
Dec 21, 2021
Format:
Podcast episode
Description
Summary: We’ve been experiencing some intense gyrations in the markets and hearing about how inflation is impacting particular markets. I interview Chris Vermeulen to further discuss this topic, and this phenomenon seems to have a large impact on the precious metals. We’re at an inflection point with the metals, and the whole sector has been out of favor for a year now. In the midst of the late stages of a stock market top, the precious metals start to out-perform other sectors. It also looks as if bonds and the US dollar could hold up pretty well. Listen in for more on what to expect in the markets. Highlights: -We’re seeing lots of crazy gyrations in the markets -We’re being advised not to worry about inflation, but that it’s hear to stay -We saw gold pop and take off—gold is a good play for inflation. Yet, this was short-lived -The Fed said they don’t see anything outside of the norm—which everyone bought into -They did also mention not being prepared for cyber-attacks on the financial industry -We haven’t seen a huge crisis yet in cyber-security on a global scale -We’re at an inflection point with the metals—the whole sector has been out of favor for a year -Gold and miners are all putting in a major bottom -We’re in the late stages of a stock market top, and this is when the precious metals start to out-perform other sectors -Oil recently broke to the downside -Bonds could hold up pretty well, and the US dollar has been holding up exceptionally well -When there is fear, people move to the US dollar -Hopefully things will fade back down in the next few years in terms of price Useful Links: Financial Survival Network The Technical Traders Are We in a Classic Santa Claus Rally? - Chris Vermeulen Market Charge Higher Likely to Last Into New Year with Chris Vermeulen
Released:
Dec 21, 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