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Gold Is In A Great Place & Bullish On Energy

Gold (/GC) is in a great place long-term, and central bank demand remains strong, notes David McAlvany. He talks about recent action in gold, as gold futures hit an all-time high on December 4th. He looks at his stock pick Newmont (NEM). He highlights that NEM 2024 margins will be impressive. He then goes over the outlook for oil and natural gas. He’s bullish on energy long-term. Finally, he mentions his ETF pick Energy Select Sector ETF (XLE). Tune in to find out more about the stock market today.

The Watch List

14 Dec 2023

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