Chris Vermeulen of The Technical Traders joins Elijah K. Johnson from Liberty and Finance to talk about the most recent price actions and commodities during the war.
Looking at quarterly charts, we can see that gold is pointing to a lot higher prices because of the war. Silver is quite the beast, though it typically lags a little bit then suddenly pops and takes off.
Overall, everyone seems to run toward the commodities and we are likely going to continue to see them pick up speed as a safe-haven during the war. Best be prepared for commodities to move in massive volumes, with high volatility, and high risks in the year to come.
Gold (GC=F) is more stable and Silver (SI=F) is more like the late bloomer. Inflation may go way beyond what most people are thinking.
Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future.
