Bob talks about a very important event in the Gold macroeconomic story: China halting its 18-month streak of purchases of precious metals, namely gold. He also describes the two main reasons why he thinks they will start buying again and explains why the Fed will have no choice but to print more currency. This will, of course, be supportive of gold prices in the medium and long term regardless of what they do with interest rates.
Disclaimer: The views expressed in this video are Bob Iaccino’s and do not constitute financial advice. All investments involve risk, and past performance is not indicative of future results. Do your own research and consult with a financial advisor before making investment decisions.
