Amid extreme volatility in the gold, silver, and stock markets, market trader Gareth Soloway gives us a mid-week update. As inflation ramps up, gold remains strong. Silver remains bearish short term due to fears of a slowing economy. The spread of the Delta variant is leading to a shaky stock market. "Continue to be careful in the market, " he says "The markets are kind of hanging on by a thread."
0:00 Intro1:31 Pullback in silver3:27 Will silver fall further?6:35 Gold's strength8:21 Inflation11:05 Slowing economy12:38 Bitcoin update17:24 Bitcoin vs gold19:37 Stock market update
Gareth Soloway President is CEO & Chief Market Strategist for InTheMoneyStocks.