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Video: Weekly Commodity Forecast – Gold, Silver, Crude Oil for March 16–20, 2020

March 17, 2020 at 8:29 by Vladimir Vyun

In the present video, Phil Carr from The Gold and Silver Club talks about gold, silver, crude oil, also mentioning platinum briefly, for the week of March 16–20, 2020. He starts the video by explaining how the surprise interest rate cut from the Federal Reserve was affecting the metals. Phil also mentions that hedge funds and money managers cut their net long positions on gold, silver, and platinum but increased them on crude oil. He then shows charts of the commodities and speculates where prices may go next, discussing both bullish and bearish scenarios.

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