Tuesday 22 June 2021

Gold's Secret Weapon: Chinese Women Revenge Spending Leads Pack in Pent Up Demand

Brian Tycangco, editor of Stansberry Research's True Wealth Opportunities China joins our Daniela Cambone to talk pent up gold demand.

"When I see demand in places like China and India for gold, I wouldn't be surprised to see gold retest $2,000 in the second half of the year," he said.

Tycangco says that these two countries, the largest consumers of the yellow metal, were suppressed from buying gold during the pandemic, now we are seeing an extreme surge in demand. Video by Stansberry Research.