Bill Baruch, president at Blue Line Futures, talks about silver climbing higher along with the price of gold. He says if silver moves above $30 there will be massive technical buying, which could help drive the contract to $40 fairly quickly. He flags the ETFMG Prime Junior Silver Miners ETF, which he says is a good barometer for silver trading, and adds that these companies stand to be profitable for years to come.
Copper Is the New Oil, Goldman Sach's Currie Says
Jeff Currie, global head of commodities research at Goldman Sachs, looks at how the geopolitical concerns about Ukraine are affecting markets. He also discusses the outlook for oil, grains and metals. He speaks from the sidelines of Goldman Sachs Global Macro Conference Asia Pacific 2022 on "Bloomberg Daybreak: Asia" with Shery Ahn and Paul Allen.
Silver miners lead tax-loss bargain buying as deadline looms
With Canadian investors facing a deadline Wednesday to lock in capital gains or losses for the 2021 taxation year, tax-loss bargain buying is already well underway.
Gold steadied near a seven-week low after U.S. lawmakers struck a deal to avoid a government shutdown. Silver was also flat as it headed for its worst monthly performance in a year.
Bill Harris discusses silver
Bill Harris, partner and portfolio manager at Avenue Investment Management, discusses silver.
Stronger Dollar Expected in 2022, UBS Global WM Says
Dominic Schnider, head of commodities and Asia Pacific foreign exchange at UBS Global Wealth Management CIO Office, discusses the outlook for the dollar and Asian currencies. He also talks about the prospects for commodities including oil. gold and silver. He speaks with Yvonne Man and David Ingles on "Bloomberg Markets: Asia." (Source: Bloomberg)
For all the talk of a commodities boom, some markets have now wiped out gains for the year and several more are close to doing so.
Is Gold Going to Rise Further?
Jun.02 -- Suki Cooper, precious metals analyst at Standard Chartered Bank, discusses the outlook for gold, silver, platinum and palladium. Gold held near the highest in almost five months as investors assessed the Federal Reserve’s views on growth and inflation while awaiting U.S. jobs data due later this week. Cooper speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Asia."
Standard Chartered: Bearish on Dollar, Quite Bullish on Equities
May.18 -- Manpreet Gill, head of fixed income, currency and commodities strategy at Standard Chartered Private Bank, discusses the outlook for gold, the dollar, Asian currencies and global stocks. He also shares his views on bitcoins with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."
'No bubble in commodities,' famed investor Jim Rogers says
Famed investor Jim Rogers doesn’t think the bull run in commodities is anywhere close to running out of steam.