TF Metals Report’s Craig Hemke tells Silver Doctors this year could be the best for gold since the beginning of the decade. Here’s what else Craig says…
Hemke the recent pullback in gold and silver was a result of being overbought. He expects a rally with the FOMC meeting Wednesday.
The $1360 level for gold is a key resistance level. Some catalyst, such as further easing from central banks will be necessary to launch gold past that level.
Hemke explains how the price setting of gold is different from the price setting of stocks. He argues it does not reflect physical supply and demand fundamentals.
Hemke comments on the historic rise in palladium prices and makes the case the rise is due to physical demand.
The U.S. economy is slowing. Hemke says the economy cannot handle the higher interest rates.
About the Interviewer
Journalist Elijah Johnson, Co-Host of SD Weekly Metals & Markets, vaulted onto the economic scene after launching his “Finance and Liberty” YouTube Channel, to which he’s been called “the 16 year-old smarter than Ben Bernanke”. As one of the youngest sound money advocates around, with a eye on the national debt, the US dollar, and the gold & silver markets, Elijah is on a mission to warn and educate his generation about the risks of the current financial system, and what people can do to protect themselves.