02-20-20: Citi Analyst: Gold May Top $2,000 Per Ounce In Next 12 To 24 Months
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 21 February 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
As the record bull market stretches on, and as the coronavirus outbreak incites fears of a potential slowdown in global growth, could gold be a way for investors to hedge risks to the downside?
Today's Stocks & Topics: SWM - Schweitzer-Mauduit International Inc., X - United States Steel Corp., RMNI - Rimini Street Inc., EA - Electronic Arts Inc., Options, Cash Flow, Dividend Yields, VOD - Vodafone Group PLC ADR, QQQ - Invesco QQQ Trust Series I.
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| 0:00.0 | This podcast is produced by KPP Financial, Steve Peasley President, |
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| 0:15.0 | And now today's podcast. |
| 0:17.0 | Good afternoon fellow investors and welcome once again to |
| 0:29.0 | invest talk. This is our Thursday February 20th 20th 2020 edition of Invest Talk. Yep, 2 2020 and you know, where were |
| 0:40.0 | you today at 2.20 PM?. Well we've all been watching the news and yes the |
| 0:45.9 | coronavirus affects business and commerce so it affects it affects is felt in the |
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| 0:53.0 | So we had a little bit of sell-off today. |
| 0:55.8 | Kind of for the first time, I think this is really gaining traction |
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| 1:07.2 | Now when I say longer term, I mean months |
| 1:09.5 | and months as opposed to more like weeks and weeks. |
| 1:12.6 | We've been dealing with this for a little over a month now |
| 1:16.4 | in an aggressive way, right, where you're seeing |
| 1:21.4 | hundreds of new diagnoses every single day. |
| 1:25.0 | So that's probably been about a month since that happened. |
| 1:28.0 | But I think investors are starting to take it a little bit more seriously. |
| 1:32.0 | So we're going to dig into that. Now you're |
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