Greyerz and Boockvar Weigh In On The Pullback In Gold And What Investors Should Expect Next

Greyerz and Boockvar Weigh In On The Pullback In Gold And What Investors Should Expect Next from King World News

As the war in the gold and silver markets continues to rage and the dollar struggles, here are two of the greats discussing the pullback in gold and what to expect next.

Peter Boockvar had this to say about the pullback
in gold and rally in the dollar…

“Thanks to the Chinese news last Friday about relaxing reserve requirements for banks that conduct FX forwards for clients, the subsequent yuan weakness led to selling in industrial metals, a bit of a bounce in the US dollar against other currencies too and a selloff in gold. Also, this came in the context of the weak dollar crowd getting too full in the very short term. This is nothing more than a modest pullback and consolidation in gold. The dollar bear market is still on, the gold bull market is still on.”…

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King World News

Interviews with market experts from around the world with a focus on precious metals.