Palisades Gold Radio
1h 2min2022 JUL 12
播放聲音
喜歡
評論
分享

詳細信息

Tom welcomes back Don Durrett Author, Investor & Owner of GoldStockData.com to the show. Don is taken aback by the strength of the dollar. He focuses on predicting markets out about six months. Currently, he is most concerned about a rebound in the economy because that would affect gold. He wants to see $2500+ for gold, but that may require serious weakness in the economy. Everything depends on the effectiveness of the Fed's magic tricks. We're in a correction inside the longer term bull market. So, long as we remain in the channel, we could rally by the end of the year. 2023 should be a good year for gold as metals will strengthen once the dollar pulls back. The dollar is going to remain strong until the Fed pauses. It's just a matter of time until rates go down. He expects the Fed to pivot next year. September will be a critical month, and he expects another rate rise and a hike this month is all but certain. This will put further downward pressure on markets. Politically, they wi...

查看更多