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Gold, silver 'fireworks' will explode this summer, these are the triggers - Lobo Tiggre
Gold, silver 'fireworks' will explode this summer, these are the triggers - Lobo Tiggre
ratings:
Length:
25 minutes
Released:
Jun 2, 2021
Format:
Podcast episode
Description
Although the year-on-year inflation data may decline in the next consumer price index (CPI) release given how low the base was last year, the month-on-month increase could spike, triggering gold price rally, said Lobo Tiggre of the Independent Speculator.
“Watch the month-on-month change. Ask yourself, has anything really gotten cheaper over the last month? No, well, maybe lumber, but generally speaking nothing’s gotten cheaper. The month-on-month CPI numbers, numbers the Fed looks at, I think will tell a very strong story that should really send a few tremors of fear to the powers that be,” Tiggre told David Lin, anchor of Kitco News.
“Watch the month-on-month change. Ask yourself, has anything really gotten cheaper over the last month? No, well, maybe lumber, but generally speaking nothing’s gotten cheaper. The month-on-month CPI numbers, numbers the Fed looks at, I think will tell a very strong story that should really send a few tremors of fear to the powers that be,” Tiggre told David Lin, anchor of Kitco News.
Released:
Jun 2, 2021
Format:
Podcast episode
Titles in the series (100)
Scarcity is working in favor of the gold sector: Not only are macroeconomic conditions still positive for gold, but the scarcity of supply also runs in the metal’s favor, according to Rahul Paul, president of Radisson Mining Resources (TSXV: RDS.V). by Kitco NEWS Interviews