John Rubino, a former Wall Street financial analyst and author or co-author of five books returns with his unique insights on gold, Bitcoin and investing strategies. We review the Gold chart in Real-Time vis our dynamic charting feature. He is the author of The Money Bubble: What To Do Before It Pops and Clean Money: Picking Winners in the Green-Tech Boom.
Rubino says the Fed hinted at a pause in tightening and their intention to cut interest rates in the coming year.
Rubino says,
"If you pull the chart of gold versus interest rates for the past three cycles, you see that gold usually takes off right as the Fed stops tightening. In other words, as interest rates stop going up, that's when gold really starts to get going."
- The chart of Gold vs. Interest rates suggests the time is "perfect" for PMs investing.
- $2,500 Gold looks like a high probability occurrence in 2024.
- Are US equities over-valued? Or will the AI-Tech them hold up shares vis-a-vie the Dot.com era?
- Sprott's gold miner ETF is a favorite to avoid individual company risk: Sprott Gold Miners Exchange Traded Fund (NYSE Arca: SGDM) https://www.sprottetfs.com
- John reviews the charts of Gold and Gold shares via the dynamic charting feature.
- Gold miners may be vastly undervalued, with explosive profit potential in 2024.
- Lower energy costs is boosting mining sector profits!
- Oil stocks look solid for longer-term investment returns.
- Uranium is holding near record highs and investments look solid.
- We review the Dow Industrials Weekly Chart - Price remains solid in new record territory with a potential run to 44,000!
- Dynamic Bitcoin Charting with Fibonacci Levels and trendline analysis.
- Is Bitcoin headed to $100,000 in 2024 - find out why: https://goldseekradio.substack.com/
- In Tokyo, Bitcoin is virtually used in tandem with the Yen!
- What is behind the push-back against Bitcoin by smart investor crowd?
- We review the silver weekly chart, noting price is still at half-price 12 years later, while gold is making new record highs!
- Will silver lags gold, it compensates via spectacular out performance on a percentage basis!
- Silver could reach $75.
John's Substack: https://rubino.substack.com/
Gold Juniors, Bitcoin and AI-ChatGPT Substack (FREE): https://goldseekradio.substack.com/
About the author
Chris Waltzek is host, executive producer, writer/editor, best-selling author, webmaster, sound engineer and computer guru at Goldseek.com Radio. He earned his bachelors degree in Business Economics and holds a dual MBA in Business Economics & Information Systems. Upon graduation he worked as the firm-wide Industry Analyst at one of the nations largest law firms, Jones, Day, Reavis, Pogue. Chris is currently a Ph.D. student in Management / Finance at NCU.
