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.
Will the gold price keep rising after hitting a new all-time high on December 4?
Chris Vermeulen of TheTechnicalTraders.com thinks 2024 will be a big year for gold, but its near-term future is less certain. “Really we’re right at this threshold, this breakout level … this US$2,089 (per ounce) level. Every time we’ve seen gold get up to these levels, we’ve seen a very big pullback. The average over the last three pullbacks has been about 17 percent,” he explained.
Vermeulen also discusses the path forward for silver and uranium in 2024, and shares his outlook on the stock market and US dollar.
This interview was filmed on December 4, 2023.
#Investing #Gold #Silver
0:00 – Intro
0:28 – Why gold hit a new all-time high
5:19 – Gold price outlook for 2024
10:51 – Stock market due for correction
17:16 – Precious metals stocks lagging
20:35 – Silver price outlook for 2024
24:05 – Uranium price outlook for 2024
28:25 – Best-performing asset of 2024
33:45 – Outro
________________________________________________________________
Investing News Network (INN)
Find out more about investing by INN @
https://investingnews.com/
Browse our 2023 outlook reports:
http://bit.ly/3JHyR1M
Follow us Facebook:
https://www.facebook.com/investing.news.your.trusted.source
Follow us on Twitter:
@INN_Resource
________________________________________________________________
The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
