Jordan Roy-Byrne, Founder and Editor of The Daily Gold, discusses both the short to medium-term outlook, as well as the longer-term outlook for gold.
Jordan differentiates the nominal moves higher that we’ve seen in gold, silver, and the mining stocks since 2016, where there were still strong general equities markets, and points out that in real terms, that was not a secular bull market yet, and that the real bull market is likely just getting started.
We wrap up with how he is expecting next year to play out for US equity markets and gold, and at what price levels he expects to see more die-hard resource investors return to the sector, and then after that, the lagging factor in the generalist investors getting involved at higher levels.