Click here to get this article in PDF
Although the year-on-year inflation information might decrease in the next consumer price index (CPI) release given how low the base was in 2014, the month-on-month boost can spike, triggering gold price rally, claimed Lobo Tiggre of the Independent Speculator.
" Watch the month-on-month adjustment. Ask yourself, has anything truly obtained cheaper over the last month? No, well, maybe lumber, but typically talking absolutely nothing's obtained less costly. The month-on-month CPI numbers, numbers the Fed takes a look at, I think will certainly tell a very strong story that ought to truly send a few tremblings of fear to the powers that be," Tiggre told David Lin, support of Kitco Information.
Long-lasting, Tiggre expects gold to climb to $3,000, and also silver to breach $150, probably even $200.
0:00 – Gold vs. UNITED STATE dollar
5:20 – Gold vs. inflation
12:48 – "Why I'm a Gold Insect"
15:48 – "Fireworks": rising cost of living, Basel III
19:10 – Gold supplies
__________________________________________________________________
Kitco Information is the globe's # 1 source of metals market information. Our video clips feature interviews with noticeable sector numbers to bring you market-affecting understandings, with the goal of helping people make informed investment decisions.
Sign up for our channel to stay up to date on the most up to date insights moving the steels markets.
For even more breaking information, browse through
Follow us on social networks:
Facebook –
Twitter –
StockTwits –
Online gold rate and also graphes:
Live silver price as well as graphes:
Don't fail to remember to register for Kitco Information' Weekly Roundup– appears every Friday to evaluate the hottest tales & video clips of the week:
Join the conversation @ The Kitco Forums and also become part of the premier online neighborhood for rare-earth elements investors:
Disclaimer: Video clips are not trading advice and also the views revealed may not mirror those of Kitco Metals Inc
.
$150 silver and $3k gold? Expect summer ‘fireworks’ from inflation, Basel III – Lobo Tiggre
Although the year-on-year inflation data may decline in the next consumer price index (CPI) release given how low the base was last year, the month-on-month increase could spike, triggering gold price rally, said Lobo Tiggre of the Independent Speculator.
“Watch the month-on-month change. Ask yourself, has anything really gotten cheaper over the last month? No, well, maybe lumber, but generally speaking nothing’s gotten cheaper. The month-on-month CPI numbers, numbers the Fed looks at, I think will tell a very strong story that should really send a few tremors of fear to the powers that be,” Tiggre told David Lin, anchor of Kitco News.
Long-term, Tiggre expects gold to climb to $3,000, and silver to breach $150, perhaps even $200.
0:00 - Gold vs. U.S. dollar
5:20 - Gold vs. inflation
12:48 - "Why I'm a Gold Bug"
15:48 - "Fireworks": inflation, Basel III
19:10 - Gold stocks
__________________________________________________________________
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.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
