Gold Could Surprise Us in 2014: Santa Pete — Kitco News

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Where in the world is Peter Hug? Kitco News welcomes “Santa Pete” to talk about gold prices and to see what he thinks may be causing the volatility in the markets on this special holiday edition of “For Pete’s Sake.” He says the market is oversold on the belief that the Fed may taper next week. “I’m definitely not in that camp.” Hug goes on to say that the gold market could even surprise us on the upside in 2014. “I don’t see an interest hike in the US until 2015…but the fundamentals are still very positive for the metals.” Tune in now to hear his key levels for gold & silver and find out where he expects to see the market in the coming year. Kitco News, December 3, 2013.

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