5 Reasons Why Gold Prices are Going Higher - Todd "Bubba" Horwitz

Summary: There are a number of factors that contribute to the increase in gold prices, so I sit down and speak with Todd “Bubba” Horowitz to discuss some of the possible contributions to this phenomenon. The Fed’s decision to increase interest rates has played a large role in this, and so have the decrease in industrial production and the overall decline of currencies. Tune in to hear more about why this is happening, and what to expect in the near future.

Highlights: -The Fed is going to increase rates on Wednesday most likely -Typically a raise in interest rates isn’t the best thing for precious metals -Energy is twice as much as it was a year ago -Industrial production around the world is going down -The protracted decline of the Euro also plays a role in this -With crypto, people are showing that they don’t believe in the value of paper money anymore -We’re starting to see increased M&A activity in the sector -This year, 20 times more money went into the stock market than the last 20 years combined -Gold is one of the steadiest assets, even with its ups and downs throughout history -We are showing weakness, which is a concern in the short-term

Useful Links: Financial Survival Network Bubba Trading U.S. Economy Headed for Disaster with More Powell, Warns Bubba Horwitz | Stansberry Research Everything is Going Up in Price with Todd “Bubba” Horowitz