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Days Away from Major Bull Market Buy Signal for Gold

on 5/13/2022

Lance Lewis, founder of Lewis Capital and publisher of DailyMarketSummary.com joins us to share his views on Gold and the capital markets as well as his model for Gold buy signals. Lance is worried that the markets could crash and it could take Gold down to $1675 ever so briefly and it could cause the Fed to shift course.

However, he says Gold is likely a few days away from a tier-1 buy signal from his Gold timing model. Previous tier 1 buy signals include March of 2020, May 2019 and September 2018. This signal would lead Gold to make new highs.

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