Gold Held Hostage by Two Things Right Now says Analyst Chris Temple
In this interview analyst Chris Temple shares that gold is held hostage by two things currently. He also sees copper going back to $4/lb near term before heading higher. Chris discusses letting your winners run in the resource sector. He also mentions a likely scenario in which miners would be forced to meet ESG goals set forth by governments. Finally, he addresses how the proposed U.S. capital gains tax raise would affect the stock market.
Chris Temple is editor and publisher of The National Investor. He has had a more than three-decade career in various areas of the financial services industry. Temple is a ought-after guest on radio stations all across America, as well as a sought-after speaker for organizations. His commentaries and some of his recommendations have appeared in Barron’s, Forbes, the Dick Davis Digest, Investors’ Digest, PrudentBear.com, Kitco.com, and numerous other media.
0:00 Introduction
1:00 Gold held hostage by two things
4:30 Copper back to $4/lb near term
6:55 Short term oil trade due to pipeline disruption
9:40 Letting your winners run
15:53 Possible two-tier commodity pricing system because of ESG issues
19:27 How would U.S. capital gains tax affect stock market