Further weakness is coming for...
Peter Goodburn on Palisades Gold Radio
Tom welcomes a new guest to the show, Peter Goodburn. Peter is the founding partner of WaveTrack International and has trading experience going back to the 1970s. He breaks down the concepts behind Elliott Wave trading and why it's very useful in predicting price action.
Peter gives us his thoughts on the coming commodity supercycle and why the dollar will be a significant factor. He takes a good look at the oil and copper charts.
Inflation will head higher after a lull and that will help propel commodities higher. Further weakness is coming for the dollar which will also drive inflation.
Silver will likely make new record highs. He believes that silver will begin to outperform gold.