Adrian Day, CEO and Chairman of Adrian Day Asset Management, provides his forecasts for 2023 when it comes to Fed policy, economic growth, inflation, stock markets, gold, and gold miners. He spoke with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, at the Vancouver Resource Investment Conference.

    Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
    Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)

    0:00 – Recession in 2023
    4:41 – FOMC Meeting
    6:02 – Gold ‘pullback’
    9:08 – Fed’s effect on real economy
    13:31 – Stock markets
    17:31 – Inflation and Fed pivot
    20:39 – S&P 500 crash
    21:37 – Gold forecast
    23:48 – Gold portfolio allocation
    24:46 – Gold miners
    26:48 – What could change the forecast?
    29:52 – Central bank gold buying

    #gold #stocks #inflation
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    21 Comments

    1. I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 100x on VRYO44T is and a 15x on polygon are fair considering how much those two coins are interwoven into the entire crypto ecosystem.

    2. I was certain that you were going to suggest VRYO44T as the third one. I only lnvest/trade in VRYO44T. It's a winner as far as can be seen by today's market. Good luck everyone!!!

    3. Inflation is producing a slew of problems throughout the world, including food shortages, diesel and heating fuel shortages, and housing prices and financial market crash. This global collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.

    4. Welcome to Vancouver. Hope you enjoy our great hospitality. You should be able to pick up some heroin or meth from a vending machine and perhaps a retail store coming soon!

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