Big Picture: The Fundamental Strength of the Bull Market - Weekly Wrap Up
Markets love clarity, and as the U.S. election appears to be narrowing in on a result, host Craig Hemke sits down with Bob Thompson of Raymond James in Vancouver to break down all the gold and silver news you need to understand what lies ahead. In this edition of the Weekly Wrap-Up, you’ll hear:
- Why gold and silver do well under Democratic presidents
- What the latest FOMC meeting means for precious metals
- Plus: how to invest in a bull market
“You ever notice the market does exactly opposite of what people think it’s going to do? And the reason that it does that is because whatever the consensus is is already factored into the market. It’s already factored in. So, if what is expected to happen actually happens, it doesn’t affect the market. So that’s why people make so many mistakes, lightening up their positions or whatever the case is. Well, if everybody is lightening up their positions, then you’re going to get surprised in the wrong direction.”
To hear Bob’s full thoughts on this week’s gold and silver news, listen here:
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