In a week where price seems fully controlled by the algos, is it even worth looking at the fundamentals anymore? Host Craig Hemke sits down with Bob Thompson of Raymond James in Vancouver to break down all the gold and silver news you need to understand the recent price action.
In this edition of the Weekly Wrap-Up, you’ll hear:
- Where people usually go wrong in the market
- What are the best mining ETFs for the beginning investor?
- Plus: Is Yield Curve Control on the way?
“You know, it’s interesting. Every week we debate the fundamentals. We’re actually looking at fundamentals. Strange, right? But we look at the fundamentals of the silver market and the gold market, and we see lots of positivity going forward… But most of the managed money out there isn’t looking at the fundamentals. They’re usually the algos, they’re the hedge funds, and they just have a green button for buy and a red button for sell. And if interest rates go up, if the U.S. dollar goes up, then they press the sell button automatically for gold and silver and vice versa.”
To hear Bob’s full thoughts on this week’s gold and silver news, listen here: