Investing News, Released on 12/4/24 (Recorded on 12/2/24)

As 2024 draws to a close, Gareth Soloway weighs in on the outlook for gold, silver, Bitcoin and more in 2025, saying that he thinks the yellow metal will be next year’s best-performing asset. “I would have to take gold — and again, for me it’s the risk that if we go to US$107,000 on Bitcoin, let’s say, we could pull back to US$75,000 next year … that drawdown is a hefty drawdown of 30 percent or so at that point,” he said.

0:00 – Intro
0:26 – Key factors driving gold now
3:20 – Gold price targets to watch
7:35 – Fed, interest rates, inflation
10:49 – Will Trump be effective?
15:12 – US recession in 2025?
17:25 – Silver short-term outlook
19:23 – Platinum/palladium outlook
21:54 – China’s impact on commodities
24:45 – How high can Bitcoin rise?
29:22 – Best-performing asset of 2025
32:11 – Outro

Gareth Soloway is a professional trader with over 20 years of experience and the President, CEO, & Chief Market Strategist for InTheMoneyStocks and President of VerifiedInvesting.com

  bitcoin, Gareth Soloway, gold, investing, silver