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What the gold sector requires for many years is generalist rate of interest in the area, and one group in particular that has actually shied away from the industry is now showing extraordinary interest, according to Lobo Tiggre, principal analyst of the Independent Speculator.
" Young people today comprehend that there is a risk in calling something cash that governments can develop at will certainly at no cost. That's entirely different than anything we have actually seen prior to," Tiggre informed Kitco Information, noting that there has actually been a surge of trading activity on Robinhood, the web-based discount broker agent, in gold-backed exchange traded funds.
Even more of Tiggre's study can be accessed at:.
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Is gold and silver the next bitcoin for millennials? This could be revolutionary
What the gold sector has needed for years is generalist interest in the space, and one demographic in particular that has shied away from the sector is now showing unprecedented interest, according to Lobo Tiggre, principal analyst of the Independent Speculator.
“Young people today understand that there is a risk in calling something money that governments can create at will at no cost. That’s completely different than anything we’ve seen before,” Tiggre told Kitco News, noting that there has been a surge of trading activity on Robinhood, the web-based discount brokerage, in gold-backed exchange traded funds.
More of Tiggre's research can be accessed at: https://independentspeculator.com.
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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