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This interview was filmed on September 9, 2022.
Strength in the US dollar has taken the wind out of gold’s sails, but the yellow metal is holding up well, especially when compared to major indexes and assets like bitcoin.
Gareth Soloway, chief market strategist at InTheMoneyStocks.com, also shared his thoughts on where the oil and uranium markets are headed.
#Gold #Oil #Uranium
0:00 – Intro
0:32 – US dollar may have hit a short-term top
3:12 – CPI data will help Fed decide next move
6:07 – Bond market calling hawkish Powell’s bluff
11:02 – Still more downside left for oil prices
15:20 – Uranium bullish long term, when to buy
16:58 – New end-of-year price target for gold
19:14 – Potential buying opportunity in GDX
22:01 – Bitcoin price update and ethereum merge
25:18 – Long-term stock market outlook
28:45 – 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.