DISCLAIMER: GOLDINVESTMENTCOMPANIES.COM IS AN AFFILIATED PARTNER FOR GOLDCO PRECIOUS METALS, AUGUSTA PRECIOUS METALS, AND BIRCH GOLD GROUP, PROMOTING THEIR GOLD IRA, GOLD 401K TRANSFER AND BITCOIN IRA SERVICES AND PRODUCTS.
This video was filmed on June 10, 2021.
Gold remained below US$1,900 per ounce for the most part this week. Market watchers were waiting on the latest US inflation data — the Consumer Price Index, which tracks a basket of goods and services, rose 5 percent in May compared to the year-ago period, and 0.6 percent from the previous month. Both numbers were above analysts’ expectations
Investors often turn to gold as a hedge against inflation, so does that mean a higher price is in store? Mining industry veteran Ross Beaty remains as optimistic as ever.
He’s been bullish on the metal since 2016, and although he’s challenged himself to find a bearish scenario, he hasn’t been able to do it.
#Investing #Mining #Gold
0:00 – GOLD
2:23 – PSYCHEDELICS
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