Friday’s Job Report Could Show Weakness: Wyckoff — Kitco News

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Kitco News talks with Jim Wyckoff about the ECB, Japan and gold prices reaching a 5-month low on this edition of “Technically Speaking.” Wyckoff starts off by saying that investing and trading is ultimately a “money game.” As money continues to flow into the stock market, Wyckoff says that these bull runs cannot go on forever. “When that money flow does reverse, and it will […] we will see other asset classes beside the stock market start to benefit, including the raw commodity sector, including gold,” he adds. Wyckoff also says that Friday’s jobs report could be surprisingly weak. With regards to Japan and the EU, Wyckoff expects more easing for these economies. Tune in now for Wyckoff’s market rating for gold & silver. Kitco News, December 5, 2013.

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