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Currency Devaluation Driving Gold Higher | Bill Baruch
Central banks around the world are devaluing their currencies. Bill Baruch of http://BlueLineFutures.com says this devaluation is a major driver pushing gold prices higher. This interview was recorded May 5th, 2021.
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0:00 Intro
1:28 Gold/silver update
2:16 Dollar and Treasury yields
4:00 Fed taper?
6:39 Short-term stock outlook
9:12 Long-term stock outlook
10:16 Stock overvaluations
11:34 Non-farm payroll numbers
13:54 Pressure on gold/silver
14:49 Long-term vs short-term
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