from WallStForMainSt
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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**DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**