Commodities/PM Monthly Projections With Sprott – Video
Chris sits down with Craig Hemke of Sprott Money to talk about commodities, geopolitical events, and their Precious Metals forecast. We are in this phase now where we are in a commodity-rich environment. Typically, stocks are going to start to top out and what become the leaders are commodities.
What a difference a month makes. As unforeseen geopolitical events roil the markets, gold and silver investors know these moves rarely stick. Looking at the weekly chart, we can see gold pop right up to the highs.
Overall, we are in that feeding frenzy with commodities and we are seeing them rally across the board. From what it looks like, the stock market is on its last legs and commodities are coming to life. A lot of other commodities have been doing well but gold and silver miners are now starting to turn up and make a series of higher highs and higher lows.
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Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future.