Jason Burack of Wall St for Main St interviewed first time guest, long time veteran (over 10 years) of the precious metals bullion deal industry, content director/executive over at SD Bullion, James Anderson.
Follow James on Twitter here: https://twitter.com/jameshenryand/
Each week, James releases a short video recapping all of the best precious metals market news in a short YouTube video on the SD Bullion YouTube channel. https://www.youtube.com/channel/UCUOF…
You can check out James’ gold & silver blog over at SD Bullion here: https://sdbullion.com/blog/author/jam…
During this 40+ minute interview, Jason asks James about the crazy amounts of different rules changes the last 3+ months on the COMEX & LBMA to try to cap gold & silver prices. It appears that gold prices are trying to be capped from getting to $1800/oz but closer to around $1700 for now.
James talks about how the rules changes are to help slow down the rise in price of gold…for now. However, this cannot go on for a lot longer. James thinks that the main psychological barrier is $2,000/oz gold and once that is breached then gold prices will go parabolic.
Also, take a look at the 2nd season of Netflix’s documentary series Dirty Money, Episode 4 where there’s an excellent hour long documentary on “Blood Gold” coming from Peru and other countries in South America and how basically all US gold refiners & the US Mint buy it the gold to prevent supply shortages: https://www.netflix.com/title/80118100
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