Macro Factors Driving Gold and Silver: Precious Metals on the Rise
Submitted by Gary S. Wagner on Tuesday, April 9, 2024 - 19:43.
Gary Wagner and Tavi Costa have a ton of knowledge to share when it comes to the gold and silver sector, and they both present the main catalysts they are watching from a macro perspective that they think will continue to drive the price higher. The duo discusses Fed policy, geopolitical events, government deficits, and much more as part of their overall thesis that precious metals are on the rise.
00:00 Introduction
00:32 Thoughts on Broad Market and Economy
04:51 Gold Vs. Treasuries
09:42 Global Conflict and Commodities
15:21 Gold as a Hedge Against Uncertainty
23:23 Setup For Silver
30:18 Gold and Silver Mining Sector
37:28 Trading Strategy For Gold and Silver
40:06 The Fed's Next Move