Korelin Economics Report

Craig Hemke – What Macro Market Developments Could Change The Weak Action In Precious Metals?

Craig Hemke, Founder and Editor of TF Metals Report, joins us to review the continued weakness in the precious metals sector and some of the macro events on tap that could move the needle in the markets. It’s a wide ranging discussion on which economic data could alter Fed policy expectations, and considering the recent strength in the general US equities as a distraction away from safe havens.  Ultimately a move higher in silver will be key for improving sector sentiment in the PM mining stocks, as the GDX and GDXJ are much more closely correlated to it than to gold price action.  Craig is watching to see how the US dollar behaves, along with how the PCE inflation data and jobs report numbers come in over the weeks to come.

 

 

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Click here to visit Craig’s site- TF Metals Report.

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