Ted Oakley of Oxbow Advisors interviewed John Hathaway on a recent Sprott Insights about the gold bullion and equities markets, delving into why investors should consider gold investments in this moment.
Hathaway sees two possible paths, both of which are good news for gold. Either hawkish policy kills the economy to reign in inflation or the Fed “cries uncle” and pivots, opening room for inflation to continue to run rampant. Gold is well-positioned for either outcome. Hathaway sees $2200 as a reasonable price for gold by the end of summer.
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