Adrian Day, President of Adrian Day Asset Management discusses his outlook on Fed policy, gold, and the economy with David Lin, Anchor for Kitco News at the Precious Metals Summit in Beaver Creek.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
0:00 – Fed rate hikes
3:14 – Unemployment rate
6:53 – Retail sales data
8:50 – Personal saving rate
10:11 – Economic outlook
14:35 – Fed policy in the past
16:35 – Inflation expectations
19:05 – How far can Fed go?
20:42 – Fed pivot
26:32 – Gold price outlook
29:20 – Gold stocks
#gold #federalreserve #inflation
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
35 Comments
They want a recession, they want a weaker populace to reignite the scamdemic deaths.
To reduce inflation increase supply.. not money supply.. goods supply.. it's simply supply and demand.. the fed is ripping everyone off
USA printed as much money in the last 6 months then USA had dollars in all the years BEFORE !!!!! Making new weapons for ukraine with PRINTED MONEY !!!!
the FED knows printing money causes inflation, offcourse they know……. they did it before………
Proverbs 22:16….
I love taking advantage of the IGNORANCE and ARROGANCE of FOOLS.
DAVE, YOU SHOULD ASK EVERY GUEST: "DO YOU THINK HUMANITY WOULD BENEFIT FROM ABSOLUTE ELIMINATION OF THE FED, AND ALL CENTRAL BANKS-GLOBALLY?" WE NEED TO GET OFF OUR KNEES AND FIGHT, DAVE. I SAW THE OLD SAMURAI IN YOUR EYES THE FIRST TIME I WATCHED ONE OF YOUR INTERVIEWS…THE EYES NEVER LIE, BROTHER. TAKE IT TO THEM…
F…the Fed. Eliminate it forever. Before WW2 started in Germany the German banking system would not allow Banks to charge any more than 2% interest on any kind of loan, however the rich had to pay 6%. Yes the Hitler government knew how to run an economy whereas the United States knows nothing but destruction of the working class and only doing what's right for the elites in the USA, absolute evil.
Gold is under $1700. Considering inflation over the past decade isn't gold relatively already in a collaped state?
Baahahaha gold is going to 600 bucks an ounce it's freaking hilarious with only you Meatheads out there whoa gold this cold that mean while it's got to go down to 600 bucks an ounce
The gold price is rigged in the gold futures market, which is controlled by a handful of global banks and gold dealers.
These guys have so much respect for the fed. They believe these guys are competent.
President or ministère should have this man's intelligence
brilliant and clear analysis
we are now at a true pivot point. Gold is at a 50% retracement from it's high($1625). Historically, it has always bounced from here. But it could continue to go down as the dollar strengthens. Because all other currency's are weaker then the dollar + we still remain the reserve currency for the world .Until this changes down we go. 60% would be $1550 which is realistic
Gold going nowhere but up with the pending great reset
Powell's not just concerned about "his legacy." He's concerned about his LIFE. If you truly know the inner workings of the Fed, these guys are blackmailed and/or bought out. The federal reserve was created under a satanic premise of control and slavery. These guys are all in on it, otherwise their whole family ends up in body bags.
Eversince the death of Voldemort, professor Slughorn has been managing people's assets in the muggle world. 🤣
Why don't they just stop wasting our money.
They could fix this if they screwed China over by imposing heavy tariffs, the people in America who would be most affected would be the corporations and greedy politicians. The prices would go up and America would be forced to make the crap here, helping millionaires. Even with higher prices 100% of the money stays in America and benefits everyone.
Trump was in the process of doing that, if necessary and that is the only reason he's a threat.
Banks can’t even legitimately find their own gold. Stolen since 1973.
Background noise makes it hard to follow the interview 🙁
They going to do that, smart people are buying the dip and buying physical gold, that means less premiums on physical.
Great then the middle class can buy gold finally
I would not be surprized if Adrian's MBTI were ISTJ.
Love the clickbait title. Gold will collapse? Fuck off with your bullshit.
Oh, I get it. Now we’re supposed to believe the Fed. Oh, OK, now they’ve stopped lying to us, & now they’re telling us the truth. Ooohhh, OK. Got it.
Im set to buy the shit out of Gold if they do
Fed and merika are losing to Russia n China, when gold and commodities is attached to BRICKS its over, gold 5000+ silver 250+ and not afraid of a new north American coin.
When inflation is back at 2% or lower then Jerome & Co. can start thinking about thinking about cutting rates.
Once gold collapse the US $ is done. It's dead.
Markets are rising strong !! Bullish !! All is ok guys 💪📈✅💪
Sure Biden will support Powell. Biden wants the destruction of America. Biden is supporting China, not America.
I WANT Gold to Collapse… It is the only way I will be able to afford it.
Retail sales have increased because they are Prepping like crazy.