{"id":6598,"date":"2024-08-13T15:03:01","date_gmt":"2024-08-13T15:03:01","guid":{"rendered":"https:\/\/dailywashingtoninsider.com\/index.php\/2024\/08\/13\/will-rhind-golds-silent-price-rise-now-driven-by-fear-what-comes-next\/"},"modified":"2024-08-13T15:03:01","modified_gmt":"2024-08-13T15:03:01","slug":"will-rhind-golds-silent-price-rise-now-driven-by-fear-what-comes-next","status":"publish","type":"post","link":"https:\/\/dailywashingtoninsider.com\/index.php\/2024\/08\/13\/will-rhind-golds-silent-price-rise-now-driven-by-fear-what-comes-next\/","title":{"rendered":"Will Rhind: Gold\u2019s \u201cSilent\u201d Price Rise Now Driven by Fear, What Comes Next?"},"content":{"rendered":"<p><strong>Speaking ahead of the global market turmoil seen on August 5, Will Rhind, CEO of GraniteShares, weighed in on the health of the US economy, saying that &#8216;jittery data&#8217; has started to spark fear for investors. <\/strong><\/p>\n<p>Coupled with rising tensions in the Middle East, that&#8217;s creating a positive environment for gold. <\/p>\n<\/p>\n<p>However, generalist investors for the most part still aren&#8217;t noticing the yellow metal&#8217;s performance.  <\/p>\n<p>&#8216;I think gold has almost made all-time highs rather silently or secretly in the sense that \u2014 I don&#8217;t really get the sense that investors are really being focused on it. So perhaps for some people learning that gold has outperformed certain major equity indexes year-to-date might be a big surprise,&#8217; Rhind explained during the interview. <\/p>\n<p>&#8216;Now looking at the back half of this year, where economic data could potentially weaken further, we could potentially see rate cuts actually being a negative to markets rather than a positive in light of recessionary fears,&#8217; he added. &#8216;(In that scenario), gold could actually have another strong six months of the year.&#8217; <\/p>\n<p>Watch the interview above for more of Rhind&#8217;s thoughts on gold, as well as silver, platinum and palladium. <\/p>\n<p><strong>Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Speaking ahead of the global market turmoil seen on August 5, Will Rhind, CEO of&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6599,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-6598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts\/6598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/comments?post=6598"}],"version-history":[{"count":0,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts\/6598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/media\/6599"}],"wp:attachment":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/media?parent=6598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/categories?post=6598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/tags?post=6598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}