Demand dynamics are concerning for 6-12 months, notes David McAlvany. He discusses the oil outlook. He talks about how supply dynamics have been quite positive and there is a likelihood of $90-100 Brent range. He then goes over how the Middle East conflict is weighing on oil. He also looks at how gold (/GC) has been performing well but could be performing much better. He notes that central bank buying continues to keep the floor in place. He also looks at gold mining stocks to watch, in addition to market trends to monitor. Tune in to find out more about the stock market today.
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13 Oct 2023
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