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Masses About To Rush Gold | Chris Vermeulen
Chris Vermeulen (https://thetechnicaltraders.com) discusses the potential for gold prices to climb significantly, forecasting a range between $2,650 and $2,750 per ounce. He anticipates that such a rise could lead to even higher premiums due to increased media coverage and investor interest. He also highlights the potential for gold to experience a pullback after hitting these new highs. Vermeulen warns investors should prepare for volatility.
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Gold Krugerrand 1 oz: $60 over spot
Platinum Maple Leaf 1 oz: $80 over spot
Silver Austrian Philharmonics 1 oz: $3.10 over spot
1/10 oz Silver Britannia: $4.99 per coin
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INTERVIEW TIMELINE:
0:00 Intro
1:18 Bond market
3:03 Precious metals & rates
4:45 Stock market topping
7:50 Physical retail premiums
10:30 Stocks & rates
15:12 The Technical Traders
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