This interview was filmed on May 5, 2021.

The gold price is back above the US$1,800 per ounce mark, but many market watchers are still waiting to see if it will return to the heights it reached last summer.

Ed Moy, chief market strategist at Valaurum, said he expects the yellow metal to end up somewhere between US$2,000 and US$2,100 by the end of the year.

Moy, who was previously director of the US Mint, also spoke about two key factors driving gold right now: the risk of inflation and uncertainty over how the economy will recover.

#Investing #Gold #Silver

0:00 – Intro
0:31 – Gold during the financial crisis vs. now
3:51 – The two most important factors for gold
6:43 – Why US$2,100 gold makes sense this year
9:12 – Mint shortages and what they actually mean
14:54 – Ed explains gold demand at Valaurum
17:16 – Why the silver squeeze didn’t work
20:29 – State legislation on gold and silver
27:38 – How far can this type of legislation go?
30:49 – Two types of Americans are emerging
35:26 – Outro

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