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InvestTalk

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

Business, News, News Commentary, Entrepreneurship, Investing, Business News

4.41.5K 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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Transcript

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0:00.0

This podcast is produced by KPP Financial, Steve Peasley President,

0:10.4

KPP Financial, Independent thinking, shared success.

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

0:51.7

markets as well.

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

1:00.9

as a longer term problem.

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

1:34.2

listening to Invest Talk and obviously you want strategy to help you deal with

1:38.0

volatility so you can be prepared and you can achieve your own goal of financial freedom.

1:45.0

But that's one reason why you listen to the program, right?

...

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