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This video was filmed on May 7, 2021.
The gold price made it back above the US$1,800 per ounce mark this week, breaking above that level for the first time since late February. The yellow metal’s move came on the back of a weaker US dollar and lower 10 year Treasury yields.
Even after this week’s uptick, gold remains far from last summer’s all-time high. Adrian Day of Adrian Day Asset Management said this retracement seems normal to him — what’s been more surprising from his perspective is the performance of the gold stocks.
#Investing #Gold #Mining
0:00 – PRECIOUS METALS
1:30 – BATTERY METALS
2:25 – CANNABIS
Adrian Day interview: https://bit.ly/33s3ulX
EVs in Europe article: https://bit.ly/3eXyG1U
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