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    No soft landing, gold to all-time-high in 2023, BTC to 15k, but this commodity will soar – Soloway



    Gareth Soloway, Chief Market Strategist at InTheMoneyStocks.com and President of VerifiedInvesting.com, joins Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News to discuss why he believes the U.S. economy is still headed for recession. He also explains why he expects gold to make new all-time-highs this year, how Bitcoin could fall below $15,000, and which commodity he believes will outperform over the next 12 months.

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    Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
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    Follow Gareth Soloway on Twitter: @GarethSoloway (https://twitter.com/GarethSoloway)

    0:00 – GDP is misleading
    3:23 – Lower-income consumers suffering
    4:29 – Employment still to fall
    6:25 – No soft landing
    15:49 – Why recession is delayed
    17:42 – Outlook for equities
    28:48 – Banks’ commercial RE exposure
    30:21 – Bitcoin headed lower
    35:26 – Gold still set for ATH in 2023
    37:39 – Gareth’s best-performing commodity
    41:21 – BlackRock’s shifting ESG narrative

    #gold #Bitcoin #recession
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    View 30 Comments

    30 Comments

    9. J D on

      Vanguard and Blackrock are pure evil and they're on every major companies board pushing their ESG agenda.

    20. Scott Pfeiffer on

      Good traders pivot when wrong Gareth has been long gold all year missed the stock and crypto run. Horrible trading advice why is this guy so popular and on every channel?? Go opposite of Gareth and make $$

    24. katy B on

      I think Gareth is correct about Uranium. The numbers in this economy show a huge recession approaching, If not a depression. With winter coming Europe will have to use more uranium for energy.

    25. MadeByMe on

      Not all all sorry, but the lowest is 25K by the end of the year. It’s a fact. This market is hella different from the regular markets. – It’s holding at 28K and we’re in august. Do the math.

    30. Sol Harvester on

      I would be super stoked if Bitcoin went to 15k. Highly unlikely though, but if it did, I would go all in. I'd sell all my junk just to buy more.

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