In it to Win it 131 - Jordan Roy-Byrne: $2700 Gold in 12 Months
Jordan Roy-Byrne of The Daily Gold joins us again to make a bold prediction. $2700 gold in 12 months. With current economic conditions, it is hard to argue. Looking at current Fed Funds Rate, and the market forecasting the Fed will be cutting rates in September, he may very well be right. We answer listener questions, and take a look at the charts of the S&P500, gold, silver, GDX, GDXJ, and SILJ.
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DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
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