Overlooked Inflation Will Drive Gold Up (Video)

Appearing on Bloomberg Television, Barratt’s Bulletin CEO Jonathan Barratt remains bullish on long-term gold prices even in the face of bearish sentiment.

“There could be this lift in inflation, which the market is monitoring, but hasn’t really focused on… To me, that will be one of the primary movers. We are not producing the goods we are consuming, and that’s clearly implicit in the fact that our inventories continue to build. As a result of that, price pressures will be to the top side. So keep an eye on the net inflation side and I think that will be a driver for gold to trade higher.”