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Video: Weekly Commodity Forecast – Gold, Silver, Crude Oil for 9–13 September 2019

September 9, 2019 at 8:35 by Vladimir Vyun

In the present video, Phil Carr from The Gold and Silver Club talks about gold, silver, and crude oil for the week of September 9–13, 2019. As usually, he starts the video by discussing moves of the commodities last week and what factors affected them. The video continues then with commodity charts and speculation about possible price moves. Phil warns about being overly bearish on gold, warning against falling into “bear trap”, though admits that it is not impossible for gold prices to go lower. He also mentions important events to watch for, specifically the European Central Bank monetary policy meeting on Thursday and the Federal Reserve meeting next week.

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