David Fischer, CEO of Landmark Capital joins TD Ameritrade, now as a regular contributor. Ben Lichtenstein, a well-known analyst, trader, and host of TD Ameritrade FUTURES asks David about his thoughts on Gold and it’s trading range within this interview. Reiterating what David has previously said on TD Ameritrade, he called for Gold and Silver to pull back in their values, as there is a recent flight toward the Dollar. David’s comments obviously go against most of the Precious Metals Industry, which touts gold always going up no matter the environment. David comments about Tariffs drawing down the market. Additionally, David speaks about how Tariffs have even affected the Dow, breaking through a major support level of the 200-day moving average. David also touches just briefly on a significant fact of what the Federal Reserve is doing this month and the global supply of money. One might think they see where the trend is headed, but David warns that the investor should not be lulled to sleep. This will all change, and some analysts like Bank of America/Merrill Lynch says they expect $1400 Gold by the end of the year. David also comments on Silver and Copper, yet maintaining that Gold is the key to the metal markets moving up.
Tariffs affecting the DOW could have a large negative impact.