Going all-in on gold; Peter Grandich makes the case to ‘back up the truck’ now (Pt. 2/2)

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The gold price is headed back to $2,000 an ounce once it breaches key resistance levels, said Peter Grandich, founder of Peter Grandich & Company.

“The most beautiful technical chart I’ve ever seen on any market was shown. There’s a wonderful cup and handle formation now on gold going back 10 years and it coincided with an absolute all-time bottom in relative strength, which suggests to me that nobody was bullish, market was extremely oversold, and the greatest technical pattern you could ever have was a cup and handle formation,” Grandich told David Lin, anchor for Kitco News.


0:00 - Backing up the truck for gold
4:12 - Uranium
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