GLD
Gold$400.07live · 9h agoTotal predictions
4
Hit rate
N/A
0 hits, 0 misses, 0 partial
Pending
1
Bull / Bear
0 / 4
direction split
YouTubers covered
2
Not enough data to plot yet.
Predictions (4)
Meet Kevin3 callsBearish
Kevin argues he is not bullish on gold going forward because he believes incoming Fed leadership will avoid aggressive money printing, which would stabilize the government's balance sheet and be a headwind for gold. He suggests other diversification options may be more attractive.
Earlier theses (2)
Kevin explains gold's failure to rally on the Iran news by arguing that Kevin Warsh's selection as a hawkish, anti-money-printing figure undermines gold's traditional debasement hedge narrative. He says he called a top in gold around the time Warsh was chosen and now sees gold as less effective as a hedge in the current environment.
Kevin argues gold has topped now that Kevin Warsh (a non-money-printing, Austrian-leaning Fed pick) is running the Fed, and he believes gold could be entering a multi-year bear market. He frames this as tied to the Fed's reduced willingness to run the money printer.
Randy Kirk1 callMixed
Randy has an existing long-term expectation for gold to reach $3,500 but says his confidence in that target has weakened considerably, now viewing it closer to a coin-flip. He believes $4,000 is currently acting as a support floor for gold.