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Ed Siddell: Gold Can Hit $5K Next Year + Stock Picks
Manage episode 510040305 series 3645668
“We’re not concerned at all” about the government shutdown, Ed Siddell says. “Short term, there’s going to be a little bit of pain, but long term it will benefit the economy.” He discusses how the Fed’s reliance on BLS data may “put everything on hold” for rate cuts. He is bullish on gold and thinks it can hit as high as $5K next year. His stock picks right now include API Group (APG), Lowe’s (LOW) and the SPDR Gold Shares ETF (GLD).
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7897 episodes
Manage episode 510040305 series 3645668
“We’re not concerned at all” about the government shutdown, Ed Siddell says. “Short term, there’s going to be a little bit of pain, but long term it will benefit the economy.” He discusses how the Fed’s reliance on BLS data may “put everything on hold” for rate cuts. He is bullish on gold and thinks it can hit as high as $5K next year. His stock picks right now include API Group (APG), Lowe’s (LOW) and the SPDR Gold Shares ETF (GLD).
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
7897 episodes
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