Tuesday, February 4, 2014

Gold is Set up for a Huge Technical Rally

Gold is set up for a ‘huge technical rally’ to $7,000-9,000 an ounce because physical gold is disappearing fast from the market, and there will be nothing there when buyers return. That will be a relief to those who lost 30 per cent on their gold holdings last year. Tangent Capital Partners Senior Managing Director Jim Rickards discusses the price of gold with Deirdre Bolton on Bloomberg Television’s ‘Money Moves’…