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Gold Clears $4,100; Thin Trading Could be Pushing Prices Higher
Manage episode 518780419 series 3645668
Axel Merk thinks investors are choosing metals over bonds and discusses the demand for precious metals in the market. “Because this market is so much smaller than the bond market in particular, you don’t need that many people to come into the market to have outsized returns,” he notes, as gold climbs over the $4,100 level. He stresses that investors need to decide whether they can “afford the risk” of various downturns in different sectors.
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8987 episodes
Manage episode 518780419 series 3645668
Axel Merk thinks investors are choosing metals over bonds and discusses the demand for precious metals in the market. “Because this market is so much smaller than the bond market in particular, you don’t need that many people to come into the market to have outsized returns,” he notes, as gold climbs over the $4,100 level. He stresses that investors need to decide whether they can “afford the risk” of various downturns in different sectors.
======== 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 – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
8987 episodes
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