John Feneck: Gold Setup is “Beautiful,” New All-time High to Come

Gold is above US$2,000 per ounce again, and John Feneck of Feneck Consulting believes it’s set to move higher.

“I think the gold setup here is beautiful … I’ve been very guarded on the price of gold — I’ve never talked new highs ever, I’ve never said US$2,500 this or US$5,000 that,” he said. “(But) we are saying as a result of what happened October 7 that you are going to see a new all-time high in gold next year, which is new for us.”

John Feneck’s details:
Website: http://www.feneckconsulting.com
Email: john.feneck@yahoo.com
Twitter: @feneckconsult
Facebook: FeneckConsulting
LinkedIn: https://www.linkedin.com/in/john-feneck-26386a14/
YouTube: @feneckcommoditiesreport
Newsletter: “Feneck Commodities Report”

This interview was filmed on November 22, 2023.

#Investing #Mining #Gold

0:00 – Intro
0:29 – “Beautiful” gold price setup
5:41 – Fed and inflation outlook
10:11 – Recession due in mid-2024
12:36 – Uranium and gold stocks
17:47 – Critical metals stocks
22:24 – Tax-loss selling strategies
27:15 – Outro

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