Philip Newman Stands By Silver And Gold Forecasts – Kitco News @ LBMA 2013

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Kitco News’ Daniela Cambone sits with Metals Focus’ Philip Newman to talk about gold & silver and what he expects to see in the coming months. “We’re bullish in the short term on silver but expect prices to weaken by Q4 and Q1 [2014],” Newman says. “There is still upside potential for gold and silver in the short term but we think the market sentiment is very challenging. The market is still unconvinced that there are legs left for gold to move higher.” According to Newman, investors are disillusioned with the metals and he expects continued volatility and choppy markets for the next few months. Tune in now to our latest LBMA coverage. Kitco News, October 1, 2013.

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