Nick Santiago: Gold Price Drop to Create “1999 Buying Moment”


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This interview was filmed on January 25, 2022.

The new year has been fairly positive for gold so far, but what’s in store for the yellow metal? Nick Santiago of InTheMoneyStocks.com said that while gold could rise a little in the short term, he’s expecting a “pretty substantial decline” in the next year or so.

“But here’s the good news for anybody out there that is a gold bug,” he said.

“When gold gets down to around US$1,500 an ounce on the futures, maybe US$1,450, I think that is going to be like a 1999 gold-buying moment, and that’s what I’m waiting for. When it does get down to that level, that low, I’m going to really go heavy into gold again.”

#Investing #Gold #Silver

0:00 – Intro
0:21 – How Nick is playing market volatility
2:51 – What to expect from FOMC meeting
6:00 – Gold’s price performance in 2021
9:02 – Projected gold price range for 2022
13:24 – Silver price in 2022 and when to buy
14:44 – Other areas of opportunity
17:22 – Nick’s final advice – learn the charts
19:06 – Outro

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