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This interview was filmed on June 14, 2022.
Gold has disappointed some market participants this year, but according to Dr. Kal Kotecha of Junior Gold Report, the yellow metal is holding up well compared to other assets.
“A lot of people want to see gold at US$$5,000 and US$10,000 (per ounce), kind of like how bitcoin rose quite a bit. But gold is a different beast in itself. So in my opinion gold is doing well,” he said.
In his opinion, keeping cash on hand can be a good strategy for investors.
#PDAC2022 #Investing #Gold
0:00 – Intro
1:12 – Gold price, challenges for juniors
3:08 – Thoughts on inflation and recession
6:23 – Keep an eye out for opportunities
7:36 – 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.
