PODCAST: Gold Shines Amid Growing Global Market Fears
December 5, 2018
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As global markets cratered earlier this week, gold prices woke up and burst above a key resistance area that could launch a new rally in the yellow metal. Join economist and trading coach Jerry Robinson for an interview with special guest expert Tom Cloud, a 40-year veteran in the precious metals industry.
In this week’s broadcast, trading coach Jerry Robinson announces the happy winner of our 1-year Platinum membership giveaway (a $1000 value) on last week’s show! But first, he welcomes listeners with exciting news of the success of many of our members in the current challenging market environment, thanks to learning to profitably trade with our Profit Trakker trend trading system!
Exciting announcement coming soon about a brand new 12-session course all about starting a trend trading business…
The Fed is still planning near-term rate hike in December, although they’ve taken a dovish tone for 2019
US-China agree to 3-month temporary pause in trade war for time to potentially reach a lasting resolution
Segment 2: An Interview with Precious Metals Expert Tom Cloud
Segment begins at 11:23
With over four decades as a successful precious metals advisor, Tom Cloud has seen many market cycles. Listen as veteran investor Jerry Robinson gains Tom’s invaluable insight into the reasons behind the recent ‘perk-up’ in gold prices.
Large-scale sales of gold have picked up tremendously and are likely to continue
The growing interest in the coming cryptocurrencies backed by gold
Are investors getting wise to the US government’s ‘funny’ numbers?
Money managers have less than 1% in gold
Many of the current metals prices “are an incredible screaming buy“
Silver will eventually be depleted
Silver is trading at about $1 below mining costs
Palladium is up 22% this year
Why you should be adding precious metals to your portfolio right now
Jerry closes out today’s show with the fascinating truth that gold has been a measure of wealth since the beginning of time. As an added bonus, he shares with listeners what portion of his personal portfolio lies in gold, and why.
PRAISE FOR JERRY 'S BOOK "Jerry Robinson does an excellent job of explaining the 'Petrodollar' system. His book explains exactly how this will come about, but equally important is the comprehensive section on what you can do to protect yourself."
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