Kitco News, Released on 6/1/21

0:00 – Gold vs. U.S. dollar
5:20 – Gold vs. inflation
12:48 – “Why I’m a Gold Bug”
15:48 – “Fireworks”: inflation, Basel III
19:10 – Gold stocks

Although the year-on-year inflation data may decline in the next consumer price index (CPI) release given how low the base was last year, the month-on-month increase could spike, triggering gold price rally, said Lobo Tiggre of the Independent Speculator. “Watch the month-on-month change. Ask yourself, has anything really gotten cheaper over the last month? No, well, maybe lumber, but generally speaking nothing’s gotten cheaper. The month-on-month CPI numbers, numbers the Fed looks at, I think will tell a very strong story that should really send a few tremors of fear to the powers that be,” Tiggre told David Lin, anchor of Kitco News. Long-term, Tiggre expects gold to climb to $3,000, and silver to breach $150, perhaps even $200.

Lobo Tiggre, aka Louis James, is a legendary speculator and was Doug Casey’s protégé at Casey Research for almost 14 years, until early 2018. He joined the Casey team in 2004. By 2007, he was writing and making investment recommendations in Casey’s flagship newsletter, the International Speculator. Now he brings his experience, his connections and his deal flow directly to you, without the barrage of marketing hype used by larger publishers. He is now the editor of IndependentSpeculator.com.

  gold, gold stocks, inflation, Lobo Tiggre, precious metals, silver