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Market Analyst Jim Wyckoff: Gold, Silver, Oil May Surge in U.S. Soft-Landing Scenario
In a discussion with Kitco Senior Market Analyst Jim Wyckoff, reporter Ernest Hoffman explores the possibility of a recession-free soft landing for the U.S. economy and its potential impact on commodities. Wyckoff highlights the potential boost in gold, silver, oil, and other key commodities as global demand picks up. They also delve into the influence of seasonal factors on commodity breakouts and the implications of a BRICS currency announcement for the U.S. dollar. Stay informed with this in-depth analysis of the market and the economy.
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Follow Jim Wyckoff on Twitter: @jimwyckoff (https://twitter.com/jimwyckoff)
0:00 - Soft landing looks likely
2:26 - Impact on gold
5:16 - Silver breakout
7:00 - Watch crude oil
7:47 - Gold-backed BRICS currency
10:37 - U.S. equities rally
#gold #silver #oil #useconomy
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