In this week's Off The Cuff podcast, Chris and John Rubino discuss:
- Has A New Bull Market In Gold Begun?
- Maybe, though a short term pull-back is likely
- Has Oil Bottomed?
- Much harder to tell
- Electric Cars
- How long may it really take for them to reach mainstream penetration?
- How Bad Will The Next Market Crash Be?
- Very bad. This next one's for all the marbles.
This week Chris and John get excited to talk about some glimmers of optimism on the horizon. A big one being the growing realization that a new bull market in gold — which has had a monster 2016 so far — is likely underway.
Not to say that there aren't still risks. Indeed, a corrective price retracement in the near future is due, and would in fact be healthy for the yellow metal's longer term price outlook. After nearly 2 years of grinding decline, it may just be time for bullion investors to start seeing years of gains again.
Oil is a murkier picture, though Chris remains confident that the current low price will not persist beyond this year.
by lesphelps