Craig Hemke – Gold and Silver Could End The Year Positive! So Why Is Sentiment Not Better?
Craig Hemke, Founder and Editor of TF Metals Report joins us to address current price levels for gold and silver, which have a chance to close positive for the year. We then look into next year and when Craig thinks the Fed will have to start cutting rates. With all the seemingly positive drivers for PMs into next year we discuss why sentiment remains low for the sector.
Dec 14 is next Fed meeting. All the rest is intervention. Let’s not get too carried away until we hear what Powell doesn’t say. He can’t change inflation and massive debt overnight.
Note: seems to be a shortage of physical in the coin shops with still big markups. Does the Comex or LBMA have enough physical to cover demand. How is Asia progressing with alternative Reserve Currency. Has Credit Suisse failed yet and if not who bailed them out. If they have failed, how are the dominoes going to fall. And how much does the financial media know that they refuse to address. If miners are performing, are they mostly held in managed money instruments. If they aren’t performing, are they being intervened in by Central Banking entities with the blessing of Governments. What are the implications.
Sell that metal Craig