'The Worst Is Over' but 5k Gold by 2028 Remains Ahead - Michael Lee

In an insightful interview, Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, speaks with Michael Lee, Founder of Michael Lee Strategy, about the latest U.S. macroeconomic data and the prospects for a soft landing. Lee provides his perspective on the Federal Reserve's actions and whether a rate cut is likely before the U.S. election. Additionally, Lee shares his ambitious price target for gold, forecasting when the precious metal might reach $5,000 an ounce. The discussion also covers equities, including the outlook for tech and AI stocks. Tune in for Lee's expert analysis and predictions on key market trends.

Follow Michelle Makori on X: @MichelleMakori (https://twitter.com/michellemakori)
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00:00 Economic Overview
01:46 Michael Lee’s forecast
06:14 The Labor Market and Federal Reserve Policies
08:05 The Political Influence on Economic Policies
13:20 Biden Administration's Economic Performance
15:29 Health of the U.S. Consumers
25:56 Gold's Future and De-Dollarization Trends
28:30 Equity Market Outlook and AI's Economic Impact

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