Gold
$1,799.00
-5.00
Silver
$19.03
+0.12
Platinum
$836.00
-9.00
Palladium
$1,990.00
+22.00
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Considering today's economic environment, what do you feel is the best short-term trading opportunity in the precious metals?

Robert Wiedemer
May 6, 2015
Video Transcript

I've often said, "Without money printing, the stock market will go down," and right now, we're not printing money. So, I think the stock market will go down. That opens up a very interesting trading opportunity for especially silver. Possibly gold, but especially silver it opens up a short-term trading opportunity, because when that market goes down I think we'll see precious metals go up, especially silver which tends to have a higher beta--tends to go up faster.

The Feds not printing money right now and what does that mean? Stock market will go down. I think, when the stock market goes down, what we've seen certainly in the last 6 to 12 months, there will be a tendency for precious metals to go up. Why is it a shorter-term opportunity? Because I think that when the stock market goes down enough, let's say 15%, the Fed will print money to try to push the stock market back up and that will probably have a negative effect on precious metals. It's more like the fear level goes down when the stock market goes up. Fear level goes up when the stock market goes down. So, I think it's a very good short-term trading opportunity for silver coming up.

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