Gold Prices Set to Move (Even) Higher: Dana Samuelson

The Contrarian Investor Podcast

Jul 25, 2024•41 min•Season 6Ep. 12

--:--

Listen in podcast apps:

Apple Podcasts

Spotify

Download

Listen to this episode in Metacast mobile app

Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

Dana Samuelson, president of the American Gold Exchange, joins the Contrarian Investor Podcast to discuss why gold prices are set up to rally further -- even after a 20% rise so far this year.

This podcast episode was recorded on Friday, July 19. 2024 and made available to premium subscribers the following business day. For information on becoming a premium subscriber -- and the host of other benefits it involves -- visit our Substack.

Content Highlights

Gold is trading right near all-time highs. Can there really be more room for upside? (1:48);
One thing missing from the equation for still higher gold prices is interest rate cuts... (3:36);
Another thing missing is fear in the market (5:07);
Gold has rallied 20% so far this year. A Fed rate cut will supply another 10%. $3000/oz. gold is in sight... (8:36);
What of the argument that there's no tangible use for gold? (11:20);
Why gold coins are preferable to bars (14:30);
Background on the guest (19:39);
Quarters and dimes vintage 1964 are 90% silver (26:40);
View on digital currencies and Bitcoin. There is a place for it... (33:20);
How much of one's portfolio should be earmarked for gold and precious metals? (37:15)

More Information on the Guest

For the best experience, listen in Metacast app for iOS or Android