DISCLAIMER: GOLDINVESTMENTCOMPANIES.COM IS AN AFFILIATED PARTNER FOR GOLDCO PRECIOUS METALS, AUGUSTA PRECIOUS METALS, AND BIRCH GOLD GROUP, PROMOTING THEIR GOLD IRA, GOLD 401K TRANSFER AND BITCOIN IRA SERVICES AND PRODUCTS.
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.
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
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
How to Determine Gold Price Movements
Gold is odd as a commodity in that it operates a little differently than the other commodities because of its lower demand for industrial products. Contrary to metals like silver and copper, gold’s demand isn’t the primary factor in its price movements, with Indian weddings being one of the top areas gold demand comes from.
Why Gold is a Good Investment?Many cliches exist about gold. We sometimes say that some people in our lives and at work are worth their weight in gold. Then, a student is always ‘looking for the pot of gold at the end of the rainbow’. ‘Silence is golden’…
The Lucrative Business of Selling Gold CoinsSome people enjoy collecting gold coins while others derive more pleasure selling gold coins. The latter may be not only more profitable but also more pleasurable because you are also helping another collector add something to their collection. Before you begin embarking on a career selling gold coins you have to determine if you want to become a dealer or if your idea is to trade from your own personal collection of coins. Some collectors choose to trade amongst one another instead of going into the business of selling coins on a full-time basis.
Gold Eagle Investing TipsHave you seen the privately minted quarter pound Gold Eagles? These were produced by the Washington Mint, and no the Washington Mint is not part of the actual US Mint, but rather a private minting company lucky enough to be located in Washington. Their products are really more along the lines of collector’s items and novelty coins than they are real, actual investment grade coins for serious gold eagle investing.
American Eagle Coins – The World’s Most Popular Bullion CoinsWhile the American Eagle coins are primarily valued for their gold content, it’s worth looking at their artistic content as well. They were selected as the US Mint’s primary coinage to offer investors looking to purchase gold bullion coins almost entirely based on its aesthetic qualities.
Introduction to Gold and Silver Investing2008 was an interesting year for gold and silver investing. Towards year’s end we saw record numbers of new investors who chose to get into gold and silver investing, forgoing the usual stocks and realty investment options that have become turbulent and unpredictable, to put it nicely, over the last few years.
Introduction to Gold Coin InvestingLearn about gold coin investing and how you could begin an investment today. When it comes to gold coin investing it’s a good idea to keep one eye on the gold spot price, and the other eye on the actual price of the coins you’re choosing to build your investments with.
The Advantages of Gold Over Other InvestmentsGold is one such substance that never loses its importance. People relate it this way; all that glitters is not gold. No other matter can be compared with it. Its beauty and lustre is unique in its own way.
History of the American Buffalo Gold Coin – 24 Karat Gold IconThe American Buffalo Gold Proof coin is not only beautiful but has a rich heritage. Any potential investor should definitely take the time to learn a little bit about learn a little about the history of the American Buffalo Gold coin, a true American icon…
Introduction to Gold Bullion InvestingWhile some may worry when new gold enters the market, this is rarely as major an influence on gold prices as the value of global currencies. Of course, as you also know, gold bullion investing is about the long-term investment, and not about the short term.
