David Hunter: I’m Still Bullish on Precious Metals & My Gold Target is $1800

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David feels that he is one of the more bullish analysts on the street for gold. Gold reached $1560 this year and is nearly finished a consolidation phase. A further rally could happen soon, and he has raised his targets for gold to $1800 and $26 for silver. We will continue into uncharted territory with the Fed’s expanding balance sheet. This additional money is a net positive for the markets, and this melt-up could continue into next year.

Time Stamp References:
0:40 - Gold and silver outlook.
2:30 - Fed and the Repo market.
6:10 - Charting and analysis.
8:00 - Weakness in copper and the economy.
9:20 - Bullish on stock markets.
11:35 - Treasuries and Fed rates.

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