Premium Only Content
GoldSeek Radio Nugget - Steve Rocco: Metals Face Short-Term Weakness
Steve Rocco, of the Rocco Report, returns with Video-Charting on all the key market indexes, including Gold, Silver, Crude Oil, Bitcoin and US Stock Bourses.
- Steve updates his forecast on the black-gold market, crude oil.
- Oil is holding above support, that could precipitate if a recession unfolds in 2024.
- The technical outlook suggests bargain prices could be seen.
- On Spot-ETF news, Bitcoin nearly touched $50k this week.
- Will Bitcoin be a buying opportunity and if so, at what price?
- Gold is holding above $2,000 - will this be the year the bulls run to $2,500?
- The cost of production is near $1,650 for gold, $21-$22 for silver; our guest thinks this is key support.
- The technical position of silver is impressive - one deep pocketed investor like E. Musk could send it soaring: Optimus Prime, Tesla, SpaceX, Photovoltaics, Industrial Battery production to name a few projects.
- Once silver closes above $30, the sky could be the limit.
- Global monetary expansion and national debt has soared, while the global population nearly doubled since the last time silver was at $50 - could silver overshoot the target substantially?
- Does the lack of interest in younger generations for gold and silver suggest an asymmetrical risk-to-reward, opportunity?
- When unemployment rate starts to increase, does this metric impact US shares?
Steve Rocco's Report: https://srsroccoreport.com/
Please support the show by subscribing to our Substack with Gold Juniors and Bitcoin Investments:
https://goldseekradio.substack.com/
-
16:14
GOLDSEEK RADIO https://goldseek.com/
22 days ago $1.38 earnedGoldSeek Radio Nugget - Bob Hoye: Gold's Short-Term Correction In A Bull Market
8222 -
LIVE
vivafrei
9 hours agoEp. 237: More Trump Cabinet Picks! MAHA or Slap in the Face? Canada on Fire! Go Woke Go Broke & MORE
15,903 watching -
LIVE
Vigilant News Network
3 hours agoCOVID-Vaccinated Hit With Grave New Reality | Media Blackout
2,769 watching -
UPCOMING
Josh Pate's College Football Show
3 hours agoSEC Disaster Saturday | Major CFP Earthquake Coming | Officiating Is A Disaster | New Studio Debut
120 -
UPCOMING
Adam Does Movies
6 hours agoGladiator II Spoiler Conversation With Hack The Movies
185 -
24:10
Bwian
6 hours agoI Don't Know What I'm Doing in Fortnite, But I Still Won...
241 -
19:30
DeVory Darkins
8 hours ago $29.03 earnedJoe Rogan MOCKS The View as Bill Maher HUMILIATES Woke Scientist
63.4K79 -
LIVE
Scottish Viking Gaming
10 hours ago🔴LIVE | SUNDAY FUNDAY | Jump into my Sons of the Forest Game | DOO EET NOWWA!
904 watching -
24:01
Winston Marshall
4 days agoThe TRUTH About The UK Farmer Protest What No One Is Talking About...
67.3K153 -
3:21:56
Tate Speech by Andrew Tate
14 hours agoEMERGENCY MEETING EPISODE 93 - ME TOO!
248K159