
Adrian Day, President of Adrian Day Asset Management discusses his outlook on Fed policy, gold, and the economy with David Lin, Anchor for Kitco News at the Precious Metals Summit in Beaver Creek.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
0:00 – Fed rate hikes
3:14 – Unemployment rate
6:53 – Retail sales data
8:50 – Personal saving rate
10:11 – Economic outlook
14:35 – Fed policy in the past
16:35 – Inflation expectations
19:05 – How far can Fed go?
20:42 – Fed pivot
26:32 – Gold price outlook
29:20 – Gold stocks
#gold #federalreserve #inflation
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
source
Find your knowledge fantastic and the way that you explain is a great help. <I would love to know how you studied this all. <In as much I would like to add to what you have said here the market is in a tug of war with the bull at one side and the bears at the other end. If this is really a bear market rally then Bitcoin is not done going down, just like stocks are not done going down. We are seeing the positions filled, the price goes, up, then a new wave of selling comes in, hit the new orders again and repeat, looks like someone accumulating hard. From a technical perspective, as expected, the price might continue to move lower so this is a normal process and bitcoin is accumulating bullish tradng volume. My hope is that by the fourth quarter, the economy will be slowing enough that the Fed says we are going to pause, and then you will see the next crypto cycle start. I have witnessed the last 3 cycles and just before each bull run the amount of bear posts and negativity around crypto is just like it is now. Bitcoin is entering the area of where a bottom will be formed IMO. Please note this could take months and there will likely be further volatility in both directions. Despite the volatility that has ruled the market this year, being a retail trader in the crypto market and implementing strategies/signals from Aaron Addison a professional broker/tradr that has been my mentor, I have accumulated 2.5' btc! in profits although the rates are capricious wiping out some of my profits, people who are open to learning from history, will survive It’s not that difficult. You can reach out to Mr Gary on <ͲeIєɠɾαm his personal handle is @gary_c07 or What'sapp✙447458927915….
I agree with you. Shorting scam penny stocks is best way to make money today
Let's hope it does!!
Gold will always be negotiable everywhere ? Paper can end up as confetti ?
Is the fed planning to pack dollars with monopoly boards?
The ability of Peter to dumb down the explanation so that us cretans can understand how screwed most of us are is amazing. The fact that most of us will not heed the warning and prepare is terrifying. Schiff for Fed chair or Pres whichever
Interest rates go up…Gold goes DOWN.
The economy has been stretched and crushed out of all recognition and nobody even knows if the old rules apply. Mix that with market stats through the looking glass and that will give us bizarre behaviour. Buckle up!
You need to make a distinction between gold and stockmarket gold. We all know Stock Market gold is manipulated fraud.
It’s not investors driving the gold price, it’s the paper market manipulation. They don’t want any alternative to the mighty dollar. Everyone and everything else will be sacrificed to support this. The US mint is selling one ounce gold coins at nearly a thousand dollars over the spot price! That’s insane. There’s no correlation between the physical and paper price. It’s all about the dollar and it’s going to get very messy.
The only dude that actual bigs up barrick
The west are messing up the world through financial system and the east are doing so with politics and war… surely a coordinated effort by the illuminati?
Good question , why is the US govt QT during these kind of circumstances with ukraine and Russia at war? Are they deliberately shearing sheeps wool for other agendas?
The guy is so rich he does not know the term credit limit.
Stock price of ARE is too high
Gold will never collapse!
Foolish bullshit interview, inflation is 18% based on John Williams research so they can never stop inflation and the world fools buy Treasures at 3.5 % while the globalist suppress gold to prevent the world flocking to the ONLY true currency,
Bullshit, inflation is 18% not ten, they can't raise rates above inflation so you will live with forever inflation
Let's pivot now to gold
LMFAO
If gold price collapsed I would buy as much as possible!
Adrian Day is totally right on economics. He aligns with the common sense of Milton Friedman. Anyone thinking that a government can print trillions upon trillions of dollars without any additional productivity and not have inflation needs go back to school and start over in the first grade. Looney economist use word salads to explain any other theory. Basically dumb as stumps.
he wont admit they are lying and doesnt recognise its a war…
Can someone please tell that guy in the background to not talk during the show?? Thanks.
They did with oil in April 2020 for negative $27/barrel, as long as BIS floods 100 trillion oz paper gold before Russian can catch it, all gold bars will be free like oil. It is called "disbelieve".
I'll sell everything I own to buy it all. Drop it under 1k and I'll sell everything I own. They need to stop this death by a thousand cuts. Raise rates to 20 percent plus. Allow these zombie companies to fall and don't bail anyone out. This is the only way we will get back to a real economy
The re evaluation of gold is the only way to wipe out the global debt and get out of the debt based system. Once this has been done we will see further confidence and liquidity entering the markets.
they want gold to collapse … smh .. wake up.
That Central Banks say that increasing their balance sheets doesn't causes inflation is absurd.
It shows that they are incompetents.
StagFlation
Gold is inflated. It's usefulness is as a component in electronics. Not jewelry or as a reserve.
Does Adrian Day still work for Pete?
Funny thing is, if I have ten ounces of gold and it "collapses" I still have ten ounces of gold. If the house price falls 50%, I still have a real house I can live in. The price is for speculators, not "owners".
Wall street is a Casino