Investing News Network, Released on 1/26/21 (Recorded on 1/25/21)

This interview was filmed on January 25, 2022.

The new year has been fairly positive for gold so far, but what’s in store for the yellow metal? Nick Santiago of InTheMoneyStocks.com said that while gold could rise a little in the short term, he’s expecting a “pretty substantial decline” in the next year or so.

“But here’s the good news for anybody out there that is a gold bug,” he said.

“When gold gets down to around US$1,500 an ounce on the futures, maybe US$1,450, I think that is going to be like a 1999 gold-buying moment, and that’s what I’m waiting for. When it does get down to that level, that low, I’m going to really go heavy into gold again.”

0:00 – Intro
0:21 – How Nick is playing market volatility
2:51 – What to expect from FOMC meeting
6:00 – Gold’s price performance in 2021
9:02 – Projected gold price range for 2022
13:24 – Silver price in 2022 and when to buy
14:44 – Other areas of opportunity
17:22 – Nick’s final advice – learn the charts
19:06 – Outro

Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He successfully managed money for a large, affluent private client group. Nick is an expert in Technical Analysis. He is a highly regarded and accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. After applying his knowledge to his client base and meeting his personal monetary goals, he decided it was time to begin teaching those interested in learning his trading and investing methodology. In 2007, he partnered with Gareth Soloway to form InTheMoneyStocks.com and realize his dream of educating others about the truth of the markets. He now co-heads the education department at InTheMoneyStocks and enlightens thousands of members, along with providing consulting services to hedge funds and institutions.

  gold, investing, nick santiago, silver