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Transcript

Luca Pietro

  1. 0:00 Gold is trading at an all-time high at just over $4,000 an ounce, uh, which is a little bit concerning if you're interested in the market because typically investors flee to a safe haven like gold uh when there's times of economic uncertainty or just a little uh skepticism within the market.
  2. 0:18 And this is due to the fact that a lot of investors believe that we are uh in an extremely overvalued market right now and that we're due for a correction.
  3. 0:26 Whether that correction is coming in within the next few months, the next year, the next few years, we don't know.
  4. 0:32 Um however, all we know is that investors are scared of the uncertainty within the market, and they're putting all their money into gold, which is resulting in the these high prices for gold right now.
  5. 0:42 And personally, I don't think the market correction is going to happen within the next few months.
  6. 0:48 So I think we do have a little bit of time left.
  7. 0:51 However, I don't hate the play of investors going to gold right now because there is a lot of uncertainty, and like I said, I don't know when it's gonna happen, but I personally don't think it's gonna be within the next few months.