The Daily Gold, Released on 11/3/24
Vince Lanci discusses the potential for increased volatility during the US Presidential Election. He says the next $200 move in Gold could be lower. Many topics are discussed in this long conversation.
0:00 Intro
2:00 GDX, GDXJ & Silver
12:30 Election Risk
20:00 Contrarian Scenario
23:30 How the Banks Pitch Gold to Various Clients
31:25 Fed, Unemployment, Recession
38:25 Future Spending
41:40 Gold vs. 60/40 Portfolio
48:35 Gold vs. CPI
52:30 Silver
57:20 Gold Volatility
1:03:40 Bond Volatility
Vince Lanci is Managing Partner at Echobay Partners LLC. Vince founded Echobay after a profitable career running CiS Options and Berard Capital. The firm is a vehicle for expressing his and “friends and family” personal investment ideas. Echobay also consults on market structure, risk management, and legal cases involving fraud in markets. Vince is also a regular contribute to ZeroHedge.com
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.