Editor of The Independent Speculator Takes Bearish Position on Gold

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 78%

Canada Headlines News

Canada Latest News,Canada Headlines

'Uranium is more recession-proof than just about anything else besides gold' - Lobo Tiggre LoboTiggre Uranium

- Unlike most speakers at the conference, Lobo Tiggre, editor of The Independent Speculator, is taking a bearish position on gold, at least for the short term.

"The apparent victory of Team Soft Landing is not good for gold," said Tiggre, referring to the prevailing consensus that the US Federal Reserve can bring down inflation with interest rate hikes without causing a recession. "I think all kinds of good things happen for gold bugs, but until then I think a rational speculator should expect headwinds," he said.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oakville cinema posts mini-movie online after posters stolenAn independent movie theatre in Oakville is having some fun with some recent movie poster theft calling it “The Barbie Heist.”
Source: TheTorontoSun - 🏆 23. / 68 Read more »

Trusted journalism has never been more important. Here’s where to find The GlobeWith the passage of Bill C-18, things are changing in the online news space. Here's how you can keep accessing The Globe and Mail journalism you value.
Source: globeandmail - 🏆 5. / 92 Read more »

Paper exams, chatbot bans: Colleges seek to 'ChatGPT-proof' assignmentsWhen philosophy professor Darren Hick came across another case of cheating in his classroom at Furman University last semester, he posted an update to his followers on social media: “Aaaaand, I’ve caught my second ChatGPT plagiarist.”
Source: CP24 - 🏆 30. / 67 Read more »

What are the most recession-proof industries and jobs?Personal finance contributor Christopher Liew shares some of the most recession-proof jobs and industries.
Source: CTVNews - 🏆 1. / 99 Read more »

Barrick Gold beats expectations despite major drop in profitsBarrick Gold Corp. is reporting a plunge in profits even as the gold miner beat earnings expectations. Find out more.
Source: nationalpost - 🏆 10. / 80 Read more »

Barrick Gold beats expectations despite major drop in profitsBarrick Gold Corp. is reporting a plunge in profits even as the gold miner beat earnings expectations. Find out more.
Source: financialpost - 🏆 7. / 85 Read more »