Emerging Currencies Bullish for Gold? - "Technically Speaking" w/Jim Wyckoff



Kitco News talks with Jim Wyckoff about gold & silver prices and the effects the Indian rupee, Malaysian ringgit, Thai baht and the US dollar have on the metals. Wyckoff looks at higher bond yields coming from Europe and the weaker periphery currencies, which suggest potential momentum for the precious metals. Although his market rating for gold and silver are down, Wyckoff says that there are bullish clues that suggest market lows are in place. He says higher prices can still emerge if Friday's prices for both metals close at their weekly highs. Finally, Wyckoff ends the interview discussing the US dollar. Kitco News, June 12, 2013. Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco --- Kitco News on StockTwits: http://stocktwits.com/kitconews

Comments

  1. Jim always has insightful analysis, thanks Kitco!


Additional Information:

Visibility: 1769

Duration: 4m 22s

Rating: 10