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Chris Rutherglen: The Rate Cutting Cycle Is Not Over, It Will Drive Metals to Far Higher Highs
Tom welcomes back Chris Rutherglen, a PhD scientist, engineer, CFA, and publisher of ‘The Gold Investor Research’ Substack to discuss his gold and silver price targets and the data-driven, fundamental, and technical arguments behind them. Rutherglen predicts that gold will reach a target of around $6,500 to $6,700 by summer to October 2024, before the mid-term elections. For silver, he expects a target of approximately $175, also within the same timeframe. He bases these predictions on historical cycles, the Fed Funds rate, and other economic indicators.
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Rutherglen…
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