Podcast: On the Objective - Gold Breaking Out Above $1,400 - Chuck Coppes - 06.22.2019

in #gold5 years ago

2019.06.22.jpg

Thanks for joining us again On the Objective as your host Steven Menking welcomes back researcher, economist, and author Chuck Coppes to discuss the price action in gold in recent days. With the Fed capitulating on its tightening, the dollar weakening, and the situation in Iran growing in intensity we've seen gold break above $1,400 for the first time in over half a decade. What does this portend, and how will the price develop from here? Silver hasn't followed suit as strongly, which has resulted in a ratio of over 90-1, which represents an incredible dislocation from historical levels. There are many key events to watch for as these situations develop, and we hope you enjoy our conversation as we discuss various scenarios that may play out. Thanks for joining us On the Objective!

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