A Sideways, Low-Volume, Tight Range Week: Is Gold About to Break Out? (Podcast)

A Sideways, Low-Volume, Tight Range Week: Is Gold About to Break Out? Podcast from Sprott Money

With the holidays rapidly approaching, Eric Sprott and host Craig Hemke discuss the year-end price action and look ahead to 2020. In this edition of the Weekly Wrap-Up, you’ll get all the gold and silver news you need, including:

What will help silver surge in 2020?
How do you know when to sell at either a profit or a loss?
Plus: Is tax-loss selling behind us?

“How I feel is: constant manipulation. … I’ve seen this thing, this price of gold, go to 1480 so many times this week and in previous weeks. And it always ends up rolling right back down again. It’s almost like somebody’s fixated on making sure—I think the target is: get it to close below 1475 either for year-end or options expiry, one or the other. Cause they’re just leaning on it. And it’s as frustrating as can be, although I’m happy to see it’s trading a little bit above 1480, like twenty or thirty cents, but that’s no big deal and the day’s not over.”

 

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Sprott Money

Various authors presenting analysis and commentary on the precious metals, economy and precious metals mining markets.