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Economic Downturn & New Gold Run | Lobo Tiggre & Adrian Day
We are headed for a significant turn in the gold market, says Adrian Day and Lobo Tiggre. As the economy heads into a recession, both analysts are expecting gold stocks to perform exceedingly well. However, there is likely to be a downturn in gold stocks in the short-term due to tax-loss selling. Adrian Day is the founder of Adrian Day Asset Management, and Lobo Tiggre is the founder of Independent Speculator.
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INTERVIEW TIMELINE:
0:00 Intro
1:30 Rate hikes
8:18 Silver and gold
16:35 Mining stocks vs bullion
20:00 Tax-loss selling
26:39 Middle East conflict
30:00 Last thoughts
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