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Where are gold and silver prices headed in 2023? Jeff Clark of TheGoldAdvisor.com sees both metals moving upward after a relatively flat performance last year.
In terms of gold, Clark said it will be important to watch the US Federal Reserve, which may move from aggressively tightening interest rates to easing. “I think that reversal — going from a tightening to an easing cycle — could easily be one instigator that lights a fire under gold,” he said.
When it comes to silver, he highlighted the importance of investment demand, saying that a real price rise requires both physical and exchange-traded fund purchases to move together.
Click here to learn more about Clark’s book “Paydirt”: https://bit.ly/3YbMVp7
This interview was filmed on January 30, 2023.
#Investing #Gold #Silver
0:00 – Intro
0:28 – Gold price outlook for 2023
3:36 – Fed reversal could boost gold
5:26 – Gold stocks still undervalued
9:54 – Which juniors are getting funded?
13:40 – Silver price outlook for 2023
15:50 – Watch this key driver of silver
20:34 – Jeff’s new book – “Paydirt”
22:45 – 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.