FYR029 What to Expect from Gold if the Fed Tries Tapering
Mike shares his insights into what to expect from Gold and the currencies if, or when the fed begins to taper.
Jerome Powell spoke on Friday at the Jackson hole summit about the future of monetary policy from the Federal Reserve in the near to medium term
Palantir recently announced a purchase of physical gold worth $50 million to prepare for black swan events, they have also recently completely deleveraged and become debt-free.
Mike covers key levels to watch out for in Gold, Euro, and the dollar Index. Mike shares his long-term price targets for gold and most importantly why.
Timestamps as follows:
0:00 to 1:01 Introduction.
1:02 to 3:28 Mike discussing the Jackson hole summit, tapering, and its impact.
3:29 to 6:44 Euro price levels to watch closely for the bulls and the bears.
6:45 to 11:10 The impact of Jackson hole on the long-term view of Gold.
11:11 to 15:29 Currencies, and Gold at key levels of support, data is critical.
15:30 to 18:29 Mike shares what he is seeing in the price of Gold, big targets including.
19:30 to 22:25 Mike shares insights into his trading and investment strategy
22:26 to 25:33 Closing remarks and wrap up.
This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and does not constitute investment advice.
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