Boom Bust Season 2 Episode 103 Is Gold Making a Return in the New Year?

Is Gold Making a Return in the New Year? That is the question on everyone's lips as the financial world tries to predict what 2020 holds for commodities. On this episode of Boom Bust, anchor Christy Ai is joined in the studio by expert guests Todd Horwitz and Rick Rule, who both offer their predictions and opinions on the future of gold.

The episode begins with an overview of the current state of the global economy, as Ai points out that the markets have been experiencing a relatively peaceful time in recent weeks. However, with tensions in the Middle East and the US-China trade war still ongoing, it is unclear how long this peace will last. Horwitz believes that the market will continue its upward trend, but he is quick to point out that any sudden event could completely disrupt this stability.

As the conversation turns to gold, Rule explains that there are many reasons why investors might turn to the precious metal in 2020. He cites rising geopolitical tensions and the possibility of a global recession as just two examples. However, Rule cautions that the price of gold is often unpredictable, and it can be difficult to base investment decisions solely on its performance.

Horwitz echoes these sentiments, noting that gold has traditionally been seen as a safe haven investment during times of economic uncertainty. He also points out that gold prices tend to move in cycles, with periods of high volatility often followed by periods of stability. However, Horwitz is quick to point out that the past is not always a reliable predictor of the future, and investors should always approach any investment decision with caution.

Next, Ai turns the discussion to the US-China trade war, which has been a major source of uncertainty for the global economy over the past year. Both Horwitz and Rule agree that the trade war has had a significant impact on the markets, and they offer their opinions on how the situation might play out in 2020. While Horwitz believes that progress will be made in the coming months, Rule is more cautious, noting that the issues between the two countries run deep and may take years to resolve.

As the episode draws to a close, Ai asks both guests for their final thoughts on the year ahead. Horwitz emphasizes the importance of diversification and encourages investors to keep a close eye on the markets. He also predicts that the healthcare and biotech sectors will perform well in 2020. Rule offers a more optimistic outlook, stating that he believes we are on the cusp of a new bull market that will see the prices of many commodities, including gold, rise significantly.

Overall, Is Gold Making a Return in the New Year? is an insightful and informative episode of Boom Bust, offering valuable insights into the current state of the global economy and the opportunities and challenges that lie ahead. With expert analysis and thoughtful commentary, this episode is a must-watch for anyone interested in the financial markets.