Gold is About to Break Out! | Monthly Wrap-Up with Andrew Maguire

There are a lot of reasons to want gold in uncertain times like the present. Join Sprott Money’s Craig Hemke and Andrew Maguire, Director at Kinesis Money in the January Monthly Wrap-Up video as they dive into the economic outlook for the coming month! 

Topics discussed:

  • Geopolitical Events: Political instability, conflicts, and trade tensions that affect investor sentiment and drive demand for safe-haven assets like precious metals.
  • Interest Rates: Interest rates that influence the opportunity cost of holding precious metals.
  • Industrial Demand: Some precious metals, such as silver, platinum, and palladium, have industrial uses in sectors like electronics, automotive, and jewelry. Changes in industrial demand can affect their prices.
  • And Much More!

WATCH THE OR LISTEN TO THE PODCAST BELOW

 
This article has been sourced from Sprottmoney.com. Read the original report here.