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Adam Hamilton: Gold Cracks Below $4,000 Buy Signal or Trap?
Tom Bodrovics welcomes Adam Hamilton to the show. Adam Hamilton is Founder of Zeal LLC.com. Hamilton, a gold market specialist with 26 years of professional experience, discusses gold's recent breakdown below $4,000, the dynamics behind the correction, and the outlook for gold and gold mining stocks.
Hamilton attributes the breakdown to a combination of factors, including a hawkish tone from new Fed Chair Kevin Warsh that fueled rate hike expectations and a stronger dollar, as well as a New York Times report about potential joint US-Israel airstrikes on Iran. He describes a "backward war…
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