Gold price breakout: $5k gold in 4 years as U.S. prints more money – Michael Lee

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May 15, 2024 - 12:30 PM

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Michael Lee, Founder of Michael Lee Strategy, who weighs in on whether the consensus for a soft landing is wrong based on the latest U.S. macroeconomic data. Lee shares his outlook on the Federal Reserve and whether we can expect a rate cut before the U.S. election. Lee also gives his price target for gold, including a timeline when the precious metal can hit $5,000 an ounce. He also discusses equities, including tech and AI stocks.