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Video: Weekly Commodity Forecast – Gold, Silver, Crude Oil for June 8-12, 2020

June 8, 2020 at 10:32 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 June 8–12, 2020. He starts the video by recapping the performance of the commodities last week and mentions important events for this week, in particular the FOMC meeting. He then shows charts of the commodities, speculating where prices may go next. Phil also mentions the fact that hedge funds and money managers reduced their net long positions in gold but increased their net long positions in silver.

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