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"Rocket Fuel" For Gold & Silver | Steve Penny
Gold and silver rallied amid the Fed's double taper. Chartist Steve Penny says markets already priced in the seemingly hawkish decision by the Fed. He says it is impossible for the Fed to normalize rates. He sees negative real interest rates for a long while, which is "rocket fuel" for gold. If the Fed reverses course, we could see new highs for gold and silver.
0:00 Intro
1:12 Gold & silver update
7:10 Inflation
7:50 Gold 2022 forecast
8:35 Platinum or silver?
13:20 Stock market
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