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GoldSeek Radio Nugget - Peter Kendall: Gold Has Room to Run
Peter Kendall returns with gold blasting through $2,325 this week, yet another record high! we review the charts of key markets in real-time. He co-edits Elliott Wave International’s Elliott Wave Financial Forecast with Steven Hochberg. He also provides commentary on cultural trends, the economy and the U.S. stock market for the firm’s Global Market Perspective."
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- Elliott Wave analysis on the gold sector suggests just started the most significant 3rd wave.
- We review the US equities chart - our guest expects a consolidation.
- With the epic GPU maker, nVidia higher by 10x in about one year, is the price nearing a key zenith and if so what steps can investors take to shield their portfolios?
- Are nascent money managers blissfully unaware of the risks associated with price excessess?
- How closely does the global financial asset-bubble resemble the key financial manias of the past?
- Further Elliott Wave analysis suggests $3,000+ in the coming years.
- The COT data suggests the herd may once again be wrong, hinting at further gold gains for contrarian minded investors.
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