Geopolitics pushing gold higher but a Fed statement tomorrow could have the PMs moving lower
Dave Erfle, Founder of the Junior Miner Junky joins me to look at the bounce in gold this week on the back of the oilfield bombings over the weekend. The bounce in gold and silver is nice to see but has not been a skyrocketing move. There are a couple reasons for this which we discuss. Still all eyes will be on the Fed statement tomorrow and with the set up in US markets and some of the recent data we could see a more hawkish Fed even with a rate cut.
You can even hear baby Gigi in the background at the 8-minute mark sharing her thoughts 😉