Why Is The Big Money Buying Gold? | Lobo Tiggre

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Lobo Tiggre, founder of the Independent Speculator, discusses the current economic landscape and its impact on gold prices. He highlights how significant central bank purchases and investments by wealthy individuals are driving the recent surge in gold, despite a lack of immediate economic triggers. Tiggre explains that the delayed effects of the Federal Reserve’s rate hikes could lead to a major pivot toward aggressive monetary easing, which he believes will further boost gold prices. He notes that gold mining stocks are lagging behind gold itself due to market skepticism but remains optimistic about their potential. Overall, Tiggre is bullish on gold, suggesting that the current economic conditions and anticipated shifts could lead to significant gains in both gold and mining stocks.