We spoke with Peter Hug, Kitco’s Director of Global Trading. Metals have been stuck in a sideways channel for quite a while. Just when it looked like gold would break through the $1300 per ounce mark, the market turned. We’re probably not going to have to wait much longer to see the channel breached in one direction or the other. And the US Economy isn’t looking so strong and Trump’s agenda is under attack. Could its failure lead to a lower stock market and higher precious metals prices?
Sign up (on the right side) for the instant free Financial Survival Toolkit and free weekly newsletter.