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Why did gold price plunge $100 this week, and what’s the next target? Jim Wyckoff

Jim Wyckoff, elderly expert of Kitco Information, called today's drop in gold a "knee jerk response."

In an interview with David Lin, anchor for Kitco Information, Wyckoff stated that the relocation came from the hawkish tone of the Federal Get, which long-lasting, the rate direction for gold and silver is still up.

Comply With David Lin on Twitter @davidlin_TV ()
Adhere To Jim Wyckoff on Twitter @jimwyckoff ()
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Airlines surge double digits, do prices make sense? TSA data tells powerful story

Airline company supplies rallied on Monday following news that Pfizer's COVID-19 vaccination is 90% effective. The UNITED STATE International JETS ETF climbed 16% throughout the trading session. Frank Holmes, CEO of UNITED STATE Global Investors, said that residential trips have been continuously boosting since March lows in spite of a global lockdown, according to data from the Transportation Protection Management (TSA).

0:00 – Airline company stocks
7:10 – Gold rate
10:15 – Securities market during split Congress
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Kitco Information is the globe's # 1 source of metals market info. Our video clips feature meetings with popular industry figures to bring you market-affecting insights, with the goal of helping individuals make notified financial investment decisions.

Subscribe to our network to keep up to date on the latest insights relocating the metals markets.

For even more breaking news, check out

Follow us on social networks:
Facebook –
Twitter –
Google+:.
StockTwits -.

Live gold rate and also graphes:.
Live silver rate as well as charts:.

Do not neglect to register for Kitco News' Weekly Summary– appears every Friday to evaluate the most popular stories & videos of the week:.

Sign up with the conversation @ The Kitco Forums as well as belong to the premier on the internet community for rare-earth elements investors:.

Please note: Videos are not trading guidance as well as the views expressed might not show those of Kitco Metals Inc
.