Chris Marcus: Trust Your Gut on Gold and Silver

This interview was filmed on August 26, 2020.

Gold and silver prices spiked earlier this summer, with gold passing US$2,000 per ounce and silver nearly pushing through US$30 per ounce. But since then they've fallen back to lower levels.

For Chris Marcus, founder of Arcadia Economics, the precious metals' price activity is reminiscent of what happened in 2011 — the last time gold reached an all-time high. 

Marcus, who is the author of the book "The Big Silver Short," has been following the gold and silver markets closely since then, with a focus specifically on price manipulation. What he's found has been eye-opening, but he emphasized that what market participants need is patience. 

"Trust your gut. I believe we're witnessing the ultimate 'emperor's really naked' moment. This isn't complex financial analysis. Sometimes I think of it as the greatest hypnotic thought experiment in history," Marcus commented. 

#Investing #Gold #Silver

Click below to jump to each timestamp:

0:00 - Intro
0:26 - Unpacking gold's previous all-time high
4:58 - Gold and silver's recent price runs
10:05 - The path forward for gold and silver
13:53 - How to live with price manipulation
18:35 - Chris' precious metals strategy right now
22:16 - It's not just gold and silver bugs in the market
27:00 - SilverFest and "trust your gut"
30:51 - Outro

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Видео Chris Marcus: Trust Your Gut on Gold and Silver канала Investing News