Gold Signals Demand Destroying Event Imminent | Francis Hunt

1 month ago
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Elijah K. Johnson hosts Francis Hunt, also known as "The Market Sniper," to discuss the recent pullback in precious metals like gold and silver. Francis highlights several key factors contributing to this sell-off, including a rising U.S. dollar and climbing 10-year Treasury yields, both of which are putting pressure on the metals market. He explains that while gold has seen significant gains since earlier in the year, the market is experiencing normal fluctuations, with Bitcoin increasingly drawing attention as a digital alternative to gold. Francis also warns of potential macroeconomic risks, such as a "demand-destroying" event, which could trigger a broader financial collapse, impacting gold and silver prices. However, he suggests that while Bitcoin is gaining momentum, gold remains a safer bet for those looking for stability in a turbulent market.

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