Gareth Soloway: Gold headed to $2,500 per ounce in a year's time
Investing News Network, Released on 6/22/22 (Recorded on 6/21/22)
Gareth Soloway of InTheMoneyStocks.com has been calling for bitcoin to fall below US$20,000 for quite some time, and the key cryptocurrency recently did just that. Speaking to the Investing News Network, he outlined the tools he used to project the price drop well before it happened, and shared where he thinks bitcoin is headed next. Soloway also spoke about gold's major upside potential over the next six to 12 months, saying the yellow metal could reach US$2,400 to US$2,500 per ounce in a year's time.
0:00 - Intro0:35 - Understanding Gareth's sub-US$20,000 call5:32 - How did Gareth trade during bitcoin's fall?7:57 - After bounce, bitcoin could hit US$12,00010:45 - Gareth still bullish on bitcoin long term15:45 - Gold's path over the next 12 months18:01 - Fed hiking too quickly, recession an issue23:46 - Where investors can look for safety26:36 - Outro
Gareth Soloway is a professional trader with over 20 years of experience and the President, CEO, & Chief Market Strategist for InTheMoneyStocks.
Gareth Soloway: Gold headed to $2,500 per ounce in a year's time added by Herman James on 06/21/2022View all posts by Herman James ?+'