- Joe Foster, VanEck Gold Strategy Portfolio Manager, joins us to weigh in on inflation risks, his 2021 outlook and more.
- Since August, gold has been consolidating in a range between $1,800 and $2,000 an ounce.
- If second-half economic growth isn't as rosy as a lot of people are expecting, we could see some weakness in the dollar, interest rates fall, and we could see that impact the gold market positively.
- In addition to that, with all this liquidity that's being pumped into the financial system, gold could respond to an inflationary cycle somewhere down the road.
For further details see:
Gold: 2021 Outlook And Inflation Risks