S&P In ‘Overbought Territory’, Warming Up To Gold: PowerTrend Brief | FreedomFest 2014

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Kitco News sits with PowerTrend Brief editor Chris Versace to talk about what he likes to invest in these days. “I do think we’ll see gold catch a bid here,” he says. “Anytime the S&P 500 gets into overbought territory, you have to sit back and look at what gold is doing.” Versace adds that he is warming up to the yellow metal among other commodities due to the risk of rising inflation. Tune in now to get more thoughts from this financial newsletter editor live from Las Vegas. Kitco News, July 14, 2014.

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