What is the short-term trend for gold? Is the long-term outlook still positive? How much, if any, of the metals should be in your portfolio now? Peter Hug, global trading director, answers these questions.
0:00 – Gold price short-term outlook
6:35 – Gold price long-term outlook
12:46 – Physical bullion market
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37 Comments
Peter looks more and more like Al Pacino 🙂
Remember it's a plandemic..trump will make mass arrests and tell the world about the virus was a fake to destroy him..no vacancies for the seasonal flu…buy crypto and physical gold when it drops to 1500
Yes Peter Hug offers very good content
I wouldn't care if the prices went to 2 and 20 dollars an oz , if you get rid of your metals , you're a special kind of stupid .
2:00 "$1775 target".. gold has been trading in this range for the past couple of sessions. I expected it to fall through this level but it's holding well. Futures broke above $1780 earlier. Still expecting short term downside before the next leg higher.
Some men would rather go to food banks and be on welfare to feed their family,not all but some.can not find workers for construction jobs in Michigan at a fair wage for the past year
Losing Daniela was a big loss this guy has to go. don’t mean to be rude but he’s got the personality of a stick peter find a different host.
Gold is reactive to financial fear. The fear has subsided….for now.
Yet there are 6.6 million job openings
What happened to $100oz silver? Y’all are just a bunch of yapping heads with no insight. Modern day gold and silver pumpers
A vaccine isn't going to change much of anything except perceptions. Of all the people I have spoken, not a single person I know is willing to take it. Even best estimates indicate 40-50% won't be vaccinated under any conditions. People don't trust the makers, and given potential long-term side effects, I cannot fault them!
The fact remains is that the world economy has been ruined on fear and BS not genuine evidence. Yes, Covid is a serious problem, but the whole thing has been overblown by several orders of magnitude. Protect the vulnerable, and let's get going again! We can effectively treat those who have been infected with a cheap drug regimen. My doctors tell me that a vaccine isn't necessary, and most likely isn't going to work. Why? There has not been an effective Covid vaccine ever, as the strains mutate and other factors.
Get your Bitcoin today! At this point it's a no-brainer.
Yes, gold and silver and platinum should be a part of your portfolio.
So the scary cats will sale.
Buy, buy, buy
Thanks Peter, thank you controlled opposition Asian guy.
same shit different video
People are to poor to buy it
Don’t wait for the vaccine. It’s not a cure.
Platinum and palladium are the ones to hold. The hydrogen economy is coming
Platinum and palladium are going up. Because they have more use
The gold markets have been making investors nervous this week…but it's making gold and silver newbies who have literally just started stacking smile. 😎
Im not getting vaccines. No thanks fool
Vaccine cannon foughter go first.
Alternative currencies are exactly that. When dollar based financial markets thrive, alternative currency markets fall.
I don’t look at this as a “failure” of alternative currencies. They exist as an insurance to protect you against dollar based financial markets failures or confiscations.
But remember, GOLD was also confiscated in the US.
Sanjosemike (no longer in CA)
It was foolish of me to go all-in on silver. I realize now that silver is not a wise investment, but it is valuable in other ways. I will be selling most of my stack to diversify my portfolio into mostly stocks and a little bit of Bitcoin. I’ll still keep some silver, as insurance, but instead of it being 70% of my portfolio, I will just have 15% in PMs, 60% in stocks, 10% in bonds, and 15% Bitcoin
Just wait
This good maybe I can buy something soon and hold
VACCINES NO THANKS
Chill out and keep stacking 👍
There's no fucking virus you dumb fucks. Wake up!!!
Buy Gold they said . The great reset . It will go to 50k . Then the biggest crisis in the last 100 years . You think Gold is for sure going to go to 3 k . Nope . Should have just bought bitcoin . Should have bought any thing else . If every one tells you to buy it . its going to 50 K . Do the opposite .
Good interview. Very informative.
I see Gold at 50,000 in 2000 years, buy and hold.
Seems to me everyone is forgetting that the Presidential election is not over and when Trumps legal team proves victorious and the leftists start to riot and loot again, that people are going to rush to safety and that safety is not the USD. In fact that could literally happen any time.
50,000-60,000 people a year die from the flue in north america… Vaccine or no vaccine, they still have to determine how many deaths from Covid is "acceptable" to trigger future shutdowns – What will that "acceptable" level of deaths be? Will they liken "acceptable #" to align with the flu?
Peter Hug is actually worth listening to.