Gold Once Again a Safe Haven? – Technically Speaking w/Jim Wyckoff

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Kitco News discuss gold and silver prices as well as demand for metals with Jim Wyckoff on this edition of Technically Speaking. According to Wyckoff, investors that were flocking to the US dollar are now returning to gold. Although good US economic data released on Thursday benefited the US dollar, there were still “moderate gains on safe haven demand,” Wyckoff added. With regards to Bernanke’s comments, Wyckoff expects QE to continue at least until the end of the year. Finally, he shares his key numbers and his ratings for gold and silver. Kitco News, May 28, 2013.

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