Don’t Rule Out A Jump In Gold – Investment Expert

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Kitco News speaks with the Women’s Financial Alliance investment expert, Sara Nunnally, who says a price jump for gold may not be out of the cards. “[S]ince gold prices have fallen significantly over the past two years, I think we might find some technical support,” she says. “But even more important is the global economic atmosphere gold is operating in… when you combine the technical aspect with what’s happening in the global economy, you can get a jump in gold prices that we haven’t seen for a little bit.” Nunnally also comments on the U.S. dollar strength and says that although she expects the rally to continue over the next year or so, more and more countries are trying to decouple themselves from the U.S. currency. “Over the long term though, we’re starting to see countries like China do deals in their own currencies…trying to eliminate that safe have refuge…so it’s a dynamic environment right now but for the next year, year and a half, I think you’re still going to see a lot of strength in the dollar.” Tune in now to hear more of her comments on silver prices as well as mining stocks. Kitco News, March 11, 2015.

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