Election Chaos Could Send Gold Soaring

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by Craig Hemke, Sprott Money:

In today’s episode, Craig Hemke and Chris Vermeulen discuss:

  • Gold’s 2024 Rally: Analysis of gold’s impressive run throughout the year and its potential for further gains or a pullback.
  • Gold Bull Flag Patterns: Discussion on gold’s chart patterns, including the bull flag, and how it indicates future price movement.
  • Silver’s Potential Breakout: Exploration of silver’s lag behind gold and the possibility of a breakout.

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  • Fibonacci Extensions: Chris Vermeulen’s use of Fibonacci levels to predict gold’s price movement, focusing on long-term and short-term cycles.
  • Global Events Impacting Precious Metals: How geopolitical events, such as potential Middle East conflicts, could drive gold and silver prices higher.

Watch the full video below:

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