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BREAKING: Gold & Silver SURGE | Craig Hemke
Craig Hemke of TF Metals Report discussed the recent surge in gold and silver prices with Elijah K. Johnson. Hemke attributed the price movement to several factors, including an unexpected rate cut by the European Central Bank (ECB) and a weak U.S. Producer Price Index (PPI) report. He also highlighted concerns over rising U.S. budget deficits and anticipated stagflation, which he believes is a positive environment for precious metals. Hemke elaborated on how the market's reaction to economic signals and central bank actions influences gold and silver prices, noting the significant role of negative real interest rates. Additionally, Hemke touched on the complexities of platinum trading and its current undervaluation relative to gold.
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