Gold: more room to run after 7-year highs?
In this episode, we are talking about gold after the price has rallied to near eight-year highs last week. We are joined by Daniel Lacalle, chief economist at Tresiss, to discuss where next for gold. Lacalle tells IGTV’s Victoria Scholar that the opportunity for gold looks more attractive for international investors using currencies other than the US dollar such as the Brazilian real or the Turkish lira. Meanwhile, he says that it does not make sense for investors to buy gold and sell silver or vice versa and that the two precious metals should be invested in side by side with the same directional view. The two also discuss the disconnect between markets and economic reality, the ‘BANG’ stocks, and what would a Covid-19 vaccine mean for gold. Any opinions, news, research, analysis or other information does not constitute investment advice.