Silver will go “crazy” in 2022, gold will break through $ 2,000 again, speculation will end – EB Tucker
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2022 will be the year speculative money pulls out of the markets, said EB Tucker, director of Metalla Royalty.
“Everyone is a speculator, so I expect that speculation will run out of gas next year. There is no more stimulus check. There is more liquidity in the average person’s pocket. They got a raise this year, but everything they buy gets more expensive. Selling is slowing down. The refinancing boom is slowing, â€Tucker told David Lin, Kitco News host. “Next year you will be a rotation of [stocks] and you will see a step into something real. ”
Tucker predicts that silver will go “crazy†next year as capital rotates into precious metals.
Check out the video above for Tucker’s gold outlook.
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Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure the accuracy of the information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is for informational purposes only. It is not an invitation to exchange goods, securities or other financial instruments. Kitco Metals Inc. and the author of this article accept no responsibility for any loss and / or damage that might arise from the use of this publication.
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