0:00 - Gold's bear case6:01 - Pivot for monetary and fiscal policies10:32 - Industrial metals vs gold12:12 - Vaccine impact on gold14:04 - Commodity supercycle18:05 - How long can gold go?
Even though a bear case for gold is unlikely to happen, investors should not be sailing with their eyes closed and ignore the possibility of a pivot in fiscal and monetary policies, which would drag gold prices down, said Lobo Tiggre of the Independent Speculator.
"It's not something that keeps me up at night. It is something worth thinking about," Tiggre said. "Here's the scary thing, [gold] could go quite low. If you look at the big correction in the middle of the 1970s bull market, that was on the order of 50%."
Lobo Tiggre, aka Louis James, is a legendary speculator and was Doug Casey's prot?(C)g?(C) at Casey Research for almost 14 years, until early 2018. He joined the Casey team in 2004. By 2007, he was writing and making investment recommendations in Casey's flagship newsletter, the International Speculator. Now he brings his experience, his connections and his deal flow directly to you, without the barrage of marketing hype used by larger publishers. He is now the editor of IndependentSpeculator.com.