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Interview: Gold is Not a Currency, Will Face Pressure When Global Economy Improves--Miguel Perez-Santalla
by Daniela Cambone, Senior Reporter • 14 June, 2010, 2:15 p.m.

Tucson -- (Kitco News) --Gold is not a currency and will face strong downward pressure when the global economy improves, according to Miguel Perez-Santalla, vice president of marketing for Heraeus.

Perez-Santalla, interviewed on the sidelines of the 34th International Precious Metals Institute Conference here, said gold should be bought for its normal value use and not as a hedge against the end of the world.

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Interview: Silver Plays a Waiting Game with Europe Debt, Economy
Silver could get a boost if the European sovereign debt issues leach into U.S. investments but the nagging possibility of a double-dip recession could dampen the metal's prospects, according to Philip Newman, research director of GFMS in London.
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IPMI Chairman: "Let's Challenge Industry Status Quo"
The chairman of the 34th edition of the International Precious Metals Institute Conference (IPMI) says the industry needs to embrace change and capitalize on gold’s current momentum.
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