As the U.S. transitions into a new administration led by President Donald Trump and with the uncertainty brewing in Europe, gold and silver may prove to have another stellar year, this according to metals investor Paul Mladjenovic. He is also the author of Precious Metals Investing For Dummies, one of the books that forms part of the popular ‘For Dummies’ series. However, despite the uncertainty, Mladjenovic told Kitco News he doesn’t expect gold and silver to gain attention as safe-haven assets, but rather as inflation hedges. ‘I think silver has a strong opportunity to be around $25 by the end of 2017…gold can go north of $1,300 this year,’ he said. Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: http://www.kitco.com/newsletter 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
Visibility: 3983
Duration: 6m 43s
Rating: 75