Kitco’s Peter Hug is back… Many of us look at the precious metals markets and believe that there’s something amiss. With all the money printing and geo-political turmoil, it’s believed that the price should be much higher. Is it a conspiracy to hold prices down or is the market functioning the way it was intended? Peter believes that the demand just isn’t there to make prices go higher. He gives the example, If the US and Iran went to war tomorrow, the price of gold would probably go over $1400, and not even JP Morgan could stop it. Interesting theory, we all have our own opinions on the subject.
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