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This interview was filmed on March 9, 2022.
With the gold price well above US$2,000 per ounce at times this week, investors have had their eyes on the yellow metal — but it’s not the only commodity making moves.
Chris Vermeulen, chief market strategist at TheTechnicalTraders.com, shared a technical perspective on gold’s activity, as well as what’s going on in the resource space as a whole.
#Investing #Commodities #Gold
0:00 – Intro
0:20 – Technical view on gold’s price activity
4:22 – Upside and downside targets for gold
7:22 – Volatility will be here to stay for awhile
10:04 – Is the stock market finally topping?
15:09 – Outlook on the Fed, inflation and dollar
20:37 – Silver primed and ready for a move up
22:34 – Commodities could go to “crazy levels”
25:57 – How to play the market, final advice
30:13 – Outro
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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.
