In this video, I delve into the macro fundamentals and technical backdrop for gold. We discuss the rising recession probabilities and some parallels to past recessions. The US Dollar is always sacrificed by policy makers during recessions, and this time will be no different.
Due to rising geopolitical risks, the stage is set for more messy trading in gold in the near term. However, the bigger picture secular trends are gathering force and providing strengthening tailwinds for the gold price.
DISCLAIMER: The work included in this video is based on current events, technical charts, company news releases, corporate presentations and the author’s opinions. It may contain errors, and you shouldn’t make any investment decision based solely on what you read here. This publication contains forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. This video is provided for informational and entertainment purposes only and is not a recommendation to buy or sell any security. Always thoroughly do your own due diligence and talk to a licensed investment adviser prior to making any investment decisions. Junior resource companies can easily lose 100% of their value so read company profiles on www.SEDAR.com for important risk disclosures. It’s your money and your responsibility.
