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MacroVoices #360 Viktor Shvets: Inflation, Interest Rates, Equity Outlook & more
Macro Voices
The Gold Market Is Up 20% From Where It Bottomed in October
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Gold is up fully 20% from where it bottomed in the beginning of November. What's driving the move higher and is it set to continue? Well, I'm not a gold specialist, but the only thing you always worked with gold is real interest rates. In other words, we don't need to go to 3,600 and then go up to 2,500 or something like that. Markets should be discounting all of this news early in the year, which he says they are doing right now.
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