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Don Durrett of GoldStockData.com shared his thoughts on the recent BRICS meeting, as well as his outlook for gold and silver, which he believes will rise much higher in the years to come. He also spoke about when gold and silver stocks will move.
“It’s going to be difficult to make money the rest of this decade,” he said. “I’m a speculator, so gold and silver mining stocks and gold and silver and commodities — those are the only places that I like here going forward.”
This interview was filmed on August 24, 2023.
#Investing #BRICS #Gold
0:00 – Intro
0:52 – Key BRICS meeting takeaways
6:38 – Trajectory for de-dollarization
10:45 – How would a BRICS currency work?
15:33 – Stock market run will end this fall
22:36 – Fed won’t come to the rescue
26:58 – When to expect a Fed rate cut
31:55 – Crazier times ahead in 2024
34:39 – How investors can prepare
39:57 – Gold and silver stock gains
47:58 – How silver could get to US$100
55:19 – Final thoughts from Don
57:37 – 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.