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This compilation of financial insights includes videos from Arcadia Economics, Gregory Mannarino, and Commodity Culture.
Vince Lanci from Arcadia Economics reports that gold, silver, and copper experienced another night of significant fluctuations. In the early hours of trading in the far east, all three metals saw a surge in prices, only to decline steadily as the night progressed. Notably, silver reached a peak of $32.50 on Sunday night, building on its momentum from the previous Friday session when it surpassed the $30 mark and closed at $31.70.
According to Gregory Mannarino, it is anticipated that there will be a significant increase in energy prices, resulting in a notable spike. Additionally, he mentions the DOW/GOLD ratio as another factor to consider.
During an interview with Commodity Culture, Anthony Cohen, the CEO of Plato Gold, expressed his belief that the price of gold should have surpassed $2,300 by now. He further stated that considering inflation and the significant increase in fiat currency, expecting gold to reach $5,000 is a rational projection for the future. Additionally, Anthony offered insights into Plato Gold’s various projects involving gold, platinum, palladium, and niobium.
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Arcadia Economics
Premiered May 20, 2024
It was another volatile night for gold, silver, and copper, as all 3 of the metals surged higher on the open in the far east, before declining lower throughout the night.
Silver broke the $32.50 level at one point on Sunday night, and of course this follows the Friday session, where silver finally broke through the $30 mark and s**t higher to a close of $31.70.
Gold and copper have also been surging, and Vince breaks down what’s happened, and goes through the daily precious metals news and levels.
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Gregory Mannarino
May 20, 2024
EXPECT TO SEE A PROFOUND SPIKE HIGHER WITH ENERGY PRICES. DOW/GOLD RATIO.
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Commodity Culture
May 20, 2024
Anthony Cohen, CEO of Plato Gold (TSX-V: PGC | OTCQB: NIOVF) thinks it’s about time gold finally breached $2,300 and he believes, adjusted for inflation and keeping in mind the massive expansion of fiat currency, $5,000 gold is a perfectly reasonable expectation moving forward. Anthony also provides an overview of Plato Gold and their gold, platinum, palladium, and niobium projects.
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