The Daily Gold, Released on 8/26/24
Greg Weldon discusses the outlook for the economy, Federal Reserve policy and why we are headed for stagflation. He has potential 3-year upside targets of $4900 Gold and $100 Silver.
0:00 Intro
0:45 Federal Reserve Policy
7:15 How Much Will Rate Cuts Help
11:00 Stagflation is Coming
14:15 When Will Gold & Commodities Outperform
19:45 Will Market Decline Hurt Gold
24:50 Gold Stocks a Potential Value Play
28:30 Energy Prices an Inflation Risk
31:35 Gold & Silver Upside Targets
36:30 Greg’s Research
Gregory Weldon is CEO of Weldon Financial and Editor of the influential newsletters “Weldon’s Money Monitor,” the “Commodity and Currency Monitor,” the” Metal Monitor,” and the “ETF Playbook.” He launched these macro-market publications, covering supply-demand fundamentals, along with technical, intermarket, and psychological insights, after building a successful career as a trader on Wall Street. Weldon has since established himself as a noted authority in the gold market as well as the global capital markets. He is the author of Gold Trading Boot Camp: How to Master the Basics and Become a Successful Commodities Investor.
Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.