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Will gold price ever see $2,000 again? Jim Wyckoff on next big moves and direction
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Will gold price ever see $2,000 again? Jim Wyckoff on next big moves and direction

March 13th, 2021 Kitco News comments

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Lasting, gold is still combining in a bullish cycle, but short-term, the path of least resistance for rates is down, claimed Jim Wyckoff, senior market expert for Kitco Information.

0:00 – Gold's cycles
2:40 – Gold's vital vehicle drivers
4:47 – The last 2 gold bull cycles
5:53 – Gold's bearish case
6:55 – Gold and also petroleum
7:50 – Rising cost of living
9:46 – Bond yields
10:50 – Actual interest rates
11:36 – Temporary gold cost activity

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Will gold price ever see $2,000 again? Jim Wyckoff on next big moves and direction

Long-term, gold is still consolidating in a bullish cycle, but short-term, the path of least resistance for prices is down, said Jim Wyckoff, senior market analyst for Kitco News.

0:00 - Gold's cycles
2:40 - Gold's key drivers
4:47 - The last 2 gold bull cycles
5:53 - Gold's bearish case
6:55 - Gold and crude oil
7:50 - Inflation
9:46 - Bond yields
10:50 - Real interest rates
11:36 - Short-term gold price action

__________________________________________________________________
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.
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