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Larry McDonald, founder of Bear Traps Report, discusses gold's broken correlations, inflation outlook, energy, and more with hosts. They explore market indicators, trends, potential stagflation, energy crisis, geopolitical impacts, copper vs. aluminum, US-China relations, silver investments, and market forecasts.
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- Gold and silver showing bullish signs with potential breakouts, Copper approaching 2023 highs indicating positive trend in industrial metals, Sector rotation pointing towards energy and basic materials outperforming tech stocks
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Precious Metals Breakout: Gold and Silver Showing Strength
Gold and silver are showing bullish signs as they break key resistance levels. Gold has decisively broken out of the 2300 range, signaling a potential move towards 2700, while silver is approaching a multi-year high, confirming a new bull breakout.
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