The Gold Trend, Silver Bull Case, and Stocks at All-Time Highs | Bill Baruch joined Miles Franklin
The recent rise in gold is more than a seasonal trend, president of Blue Line Futures Bill Baruch says. He forecasts a continued rise in 2021 leading to a $2250 to $2300 per ounce price. "Silver could really outpace gold," Bill forecasts.
He sees the US Dollar will continue to weaken and possibly enter a multi-year downtrend. This trend would be bullish for gold.
Why is the stock market at all-time highs amid a struggling economy and a pandemic? Bill says technology stocks are doing well and driving the stock indices higher.
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