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GoldSeek Radio Nugget - Steven Hochberg "Gold Is On Its Way To New All-Time Highs"
Steven Hochberg of Elliott Wave International, returns with Elliott Wave Financial Forecasts and good news for gold aficionados.
https://www.elliottwave.com/
- Gold is trading over $2,015 during the interview, suggesting the 4th attempt to break to new highs is ahead.
- "Once gold moves above $2,100, a sharp rally to over $3,000+ is likely."
- Gold and silver are at discounts, relative to overpriced paper-assets.
- Elliott Wave analysis suggests big moves higher for the Precious Metals sector!
- Our guest suggests eliminating debt where possible as the economic contraction intensifies.
- The financial sector is suffering amid an inverted-yield curve, as they, "borrow short and lend long," making operations less profitable.
- Might the economic "soft-landing" morph into a, "Great-Recession 2.0.?"
- A small percentage in Bitcoin and Ether remains a solid portfolio diversification tactic.
- Crude oil investments may remain relative values compared to competing asset classes.
EWI Promotion for Goldseek Listeners' https://www.elliottwave.com/Assets/CTC-Special-Offer/GoldSeek-Listeners?rcn=goldseek
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