
Phil Flynn
Phil Flynn is writer of The Energy Report, a daily market commentary discussing oil, the Middle East, American government, economics, and their effects on the world's energies markets, as well as other commodity markets. Contact Mr. Flynn at (888) 264-5665
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Shakey Gold Shakeout! Manic Metals Report 01/13/2025
Yet the Kitco Metals scurvy looks very bullish. The Kitco News Top Metals 2025 Survey showed retail traders continue to believe in gold’s ability to outperform in an unstable world, while industry experts also see potential for silver prices to play catch-up in the second half of the year.
Kitco News gathered the votes of 208 retail investors this week for the Kitco News Top Metals 2025 Survey, and the results showed that over half of Main Street expects gold will outgain all other metals once again in 2025 ,106 retail traders, fully 51%, expect the yellow metal to lead all others this year. Another 36%, or 74 Main Street investors, predicted silver would be the top gainer in 2025, while 8%, or 17 participants, expect copper to post the strongest performance. The remaining 11 retail traders, representing 5% of the total, think platinum and palladium prices will outperform other metals in 2025.
Industrial metals the copper is doing much better.
Obviously, the sad fires in California mean we’re going to need a lot of industrial metals to rebuild.
Peter Grandich who is part of a financial planning group in Wall, NJ, blogger and podcaster said “Not only has copper shown strong support around $4 but has now broken the downtrend of lower highs. There is chatter of a short squeeze but sooner see just a slow but higher overtime move that sees $5 by year-end.
In the short term we’re going to see a lot of volatility but the infrastructure in California is going to have to be rebuilt. The demand for copper, aluminum and steel will be very strong.
Open Your account Call 888-264-5665 or email me at pflynn@pricegroup.com.
Phil Flynn
Senior Market Analyst & Author of The Energy Report and Manic Metals Report
Contributor to FOX Business Network
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