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The Fed is Out of Options and This Gold Move is Only the Beginning, says Jordan Roy-Byrne
The Fed is Out of Options and This Gold Move is Only the Beginning, says Jordan Roy-Byrne
ratings:
Length:
19 minutes
Released:
Apr 3, 2024
Format:
Podcast episode
Description
Gold and silver prices continue to rise, with gold hitting a new all-time high. Jordan Roy-Byrne discusses the cup and handle pattern and predicts a measured upside target of around $3,000 for gold. He also mentions a potential long-term target of $4,000 or even $5,000 to $6,000 if there is a recession in the stock market. The conversation then shifts to the fundamentals, with a focus on inflation and the Federal Reserve's actions. Jordan explains that gold and silver are indicating that the Fed doesn't have good options and that inflation is increasing. Geopolitics and the junior sector are also briefly discussed.
Released:
Apr 3, 2024
Format:
Podcast episode
Titles in the series (100)
Mining Stock Daily - July 13 2018 by Mining Stock Daily