Chris Blasi of ‪@neptuneglobal1‬ shares his bullish outlook on gold and why it's important to establish a position sooner than later. In his view, it's key to look at why large entities like central banks are purchasing the yellow metal.

"The central banks see that we are devaluing this currency," he said. "A lot of people don't get it, they say we have inflation – well that's what it is, inflation is the devaluation of the currency. And the move is on for sound money."

❓ Did the Fed's 50 basis point rate cut surprise you? Tell us in the comments!

This interview was filmed on September 17, 2024.

#Investing #Gold #Silver

0:00 - Intro
0:28 - Gold price and key drivers
3:53 - Who is buying gold now?
7:18 - How high can gold rise?
9:52 - Fed cuts and stagflation
15:07 - Gold and the US election
18:38 - Silver, platinum, palladium
23:30 - Not too late to position
24:43 - Outro

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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.