Gold to hit all-time high in 2023, only this can stop it - Adrian Day
Kitco News, Released on 1/30/23
Adrian Day, CEO and Chairman of Adrian Day Asset Management, provides his forecasts for 2023 when it comes to Fed policy, economic growth, inflation, stock markets, gold, and gold miners. He spoke with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, at the Vancouver Resource Investment Conference.
0:00 - Recession in 20234:41 - FOMC Meeting6:02 - Gold 'pullback'9:08 - Fed's effect on real economy13:31 - Stock markets17:31 - Inflation and Fed pivot20:39 - S&P 500 crash21:37 - Gold forecast23:48 - Gold portfolio allocation24:46 - Gold miners26:48 - What could change the forecast?29:52 - Central bank gold buying
Adrian Day is the president of Adrian Day Asset Management. Mr. Day spent many years as a financial investment writer, where he gained a large following for his expertise in searching out unusual investment opportunities around the world. He has also authored two books on the subject of global investing: International Investment Opportunities: How and Where to Invest Overseas Successfully and Investing Without Borders. His latest book, widely praised by readers, is Investing in Resources: How to Profit from the Outsized Potential and Avoid the Risks (Wiley, 2010). Mr. Day is a recognized authority in both global and resource investing. He is frequently interviewed by the press, domestically and abroad. He is a popular speaker and frequently invited to lecture at financial conferences and seminars around the world. His pleasures include fine dining, reading (especially history), and the opera.
Gold to hit all-time high in 2023, only this can stop it - Adrian Day added by Herman James on 01/28/2023View all posts by Herman James ?+'