16 min listen
Bitcoin Price Gears Up for Collapse to $12,000... Gold to Remain Top Asset
Bitcoin Price Gears Up for Collapse to $12,000... Gold to Remain Top Asset
ratings:
Length:
22 minutes
Released:
Sep 21, 2022
Format:
Podcast episode
Description
Considering that the U.S. dollar has gone up 15% on the year, "gold has performed amazingly well," argues Gareth Soloway, president and CFO of InTheMoneyStocks.com. Gareth says that he is a huge gold bull due to the relative performance of gold to the dollar, "and the fact gold is only down 5% with the dollar up 15% says all you need to know." He continues on to say that the bond market is made up of the smartest money in the world, and it does not believe the Federal Reserve will hike rates again after Wednesday based on priced-in economic data. Soloway believes the dollar is getting ready for a reversal, "and markets will rejoice." "Crypto regulation is needed and I welcome it," he concludes.
Released:
Sep 21, 2022
Format:
Podcast episode
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