Higher Gold Prices Ahead -- Eric Hadik #5838
Noted cycle analyst Eric Hadik joined us for a market overview. He believes the dollar will stay close to its current range for a protracted period of time. Interest rates have peaked and are heading lower, perhaps in anticipation of the coming election cycle. What affect this will have on housing is yet to be determined. Rates look like they are staying higher than they were during the housing bull market. Gold should have a pullback soon and then proceed higher. Depending upon the extent of the pullback, they could go substantially higher. Oil should see higher prices coming after its...
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