Wednesday, June 26, 2013

Gold: A Case of Overreaction? - "For Pete's Sake" w/ Peter Hug of Kitco.com

Published on Jun 24, 2013
Kitco.com's Peter Hug dicusses falling gold and silver prices w/ Daniela Cambone at the 2013 International Precious Metals Institute's (IPMI) Annual Conference. According to Hug, it may be an "opportune time to buy physical coins and bars." Hug also says global central banks are fighting "deflation rather than inflation," and he doesn't expect any changes from the Fed until 2014. Due to the deflationary concern globally, precious metals will continue under pressure short term. Kitco News, June 24, 2013.

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