Michael Dudas, a senior research analyst specializing in gold, shared his bullish views on the yellow metal with CNBC’s Futures Now. While many investment advisors remain very pessimistic on gold in 2014, Dudas aligns with Peter Schiff in believing the next year will see the physical gold price heading back up due to many fundamental factors.
“The liquidation out of ETFs and out of the hedge funds in 2013 – I can’t see that happening again given global fundamentals where we are today. Given the cost of production of gold, given the fact that there’s such strong demand for physical gold in Asian markets… I think there’s a lot more positive than negative support for gold in 2014.”
Watch the Full Interview Here
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
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Gold Analyst Predicts a Bullish 2014 (Video)
Michael Dudas, a senior research analyst specializing in gold, shared his bullish views on the yellow metal with CNBC’s Futures Now. While many investment advisors remain very pessimistic on gold in 2014, Dudas aligns with Peter Schiff in believing the next year will see the physical gold price heading back up due to many fundamental factors.
Watch the Full Interview Here
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!