| A lot has happened in the precious metals markets since we last spoke to #GarethSoloway, including the big breakout in #gold. Gareth reviews where the 'monstrous move up' came from and why we're seeing profit taking, right now. Gareth is set that this is a buying opportunity for gold, right now. He outlines his own position in gold and describes his trading strategy. Find out what levels Gareth thinks are likely we'll see gold test, and where we can expect to see it next. And there is even mention of $30 #silver... Gareth also gives his perspective on the wider US market, what the US consumer is telling us and what this means for gold. Will we see the Fed print again? Is that what the market wants? |
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Is Now The Right Time to Buy Silver?
2024-04-25
Are you considering investing in #silver but not sure if it’s a smart move? Let’s find out.
Silver is often seen as a safe haven investment, especially during times of economic uncertainty.
It has been used as a form of currency for centuries and is a tangible asset that can provide a hedge against #inflation.
However, silver prices can be volatile, so it’s important to do your research and understand the market before #investing.
Some investors believe that silver has the potential for high returns, especially if there is an increase in demand for industrial uses.
On the other hand, others argue that silver may not offer the same level of stability as other assets like gold.
Ultimately, whether or not silver is a good investment for you depends on your individual financial goals
Gold Price Just Dropped! What Happened? (2024 Update)
2024-04-24
The #gold price recently experienced its most significant intraday loss in nearly two years, prompting questions about its trajectory and its status as an investment. In this video, we delve into the reasons behind the drop and whether gold remains a viable investment option.
Despite the recent pullback, we maintain our bullish outlook on gold. Pullbacks are a natural part of a long-term uptrend, and historical patterns suggest that gold may still reach new highs this year. The fundamentals supporting gold, such as #inflation and #geopoliticaltensions, remain intact.
The current decline in gold prices can be attributed to profit-taking by futures traders and some market uncertainty. However, this should not overshadow the broader bullish trends in the gold market.
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