This interview was filmed on September 22, 2022.

    The gold price has disappointed investors in 2022, and Nick Santiago of InTheMoneyStocks.com believes it still has further to fall. However, he thinks its sister metal silver has bottomed.

    “I think silver is starting to break out already — that chart is amazing,” said Santiago. “I think silver is going to lead the way — gold will play catch up once it gets to that US$1,500 range.”

    #Investing #Gold #Silver

    0:00 – Intro
    0:32 – US$1,500 is still Nick’s gold price target
    3:10 – When will the US dollar lose strength?
    5:21 – Fed will keep hiking, market will face pain
    8:25 – Silver bottom is in, chart looks “amazing”
    11:52 – Timeline for US$30 and US$50 silver
    16:02 – Gold stocks, oil, other areas of interest
    19:25 – Sectors Nick is staying away from
    22:15 – Outro

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    22 Comments

    1. Umm miners are down further than gold this year … by quite a margin. This was before Friday's sell off and he might have been referring to a shorter time frame than calendar year 2022.

    2. As long as rates are going up, PM are going down, and Miners are going back to the center of the earth 🌍
      Remember, Gold and Silver hate each other but they’ll never get divorced

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