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This video was filmed on July 22, 2021.
The gold price held above US$1,800 per ounce this week, but was down from last week’s July high point of around US$1,830. It’s also still under last summer’s record level.
Marc Lichtenfeld of the Oxford Club is one market watcher who’s struggling to understand why gold isn’t doing better this year — he sees a disconnect between the yellow metal’s traditional fundamentals and what’s happening in the market.
Looking over to silver, Collin Plume of Noble Gold Investments thinks industrial demand will help push the white metal above the US$40 per ounce mark in the next 12 to 18 months. The white metal has struggled to pass US$30 so far this year.
#Investing #Gold #Silver
0:00 – GOLD
1:22 – SILVER
2:14 – CANNABIS
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