Interview: Be Wary of Selloff Before Bottom
Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to outline why he is increasingly confident gold will break down heading into the Fed rate hikes. We discuss why this would follow historical precedent leading into prior rate-hiking cycles, and why it would be preferred to see one last wash out to provide the impetus for solid rally higher in the precious metals once the rate hike cycle get moving and then eventually the Fed reverses course.
This ties into a discussion on Jordan’s expectations that inflation has peaked and will start trending down, that the general markets may run into challenges, and that the US dollar will likely top out once the rate hiking cycle starts.
