Signs of Mature Bear Market: Jim Wyckoff

Kitco News talks to Jim Wyckoff about inflation in China, climbing gold futures and physical demand for coins and bars. According to Wyckoff, the market is seeing safe-haven demand because of unrest in Egypt. He also says that the markets are seeing short coverings, bargain hunting at lower price levels and increased physical demand coming out of China. With regards to inflationary pressures in China, Wyckoff says "once inflation comes, it can come at a rapid pace and becomes hard to eradicate." Wyckoff adds to keep an eye out for inflation in Asia, US bond yields and mortgage rates as well as Bernanke's talk on Wednesday. Watch now to hear his market ratings for gold and silver. Kitco News, July 9, 2013. (show less)

Kitco News talks to Jim Wyckoff about inflation in China, climbing gold futures and physical demand for coins and bars. According to Wyckoff, the market is seeing safe-haven demand because of unrest in Egypt. He also says that the markets are seeing short coverings, bargain hunting at lower price levels and increased physical demand coming out of China. With regards to inflationary pressures in China, Wyckoff says "once inflation comes, it can come at a rapid pace ... (read more)

Jim Wyckoff

Jim Wyckoff

Market Analyst and Columnist

Technically Speaking
Jim's charts come to life every week via Technically Speaking. Kitco News' Daniela Cambone interviews Jim on key price targets and gets his weekly market rating for gold and silver. Does gold get a passing grade this week? Watch to find out!

Biography
Jim Wyckoff has been involved with stock, financial and commodity markets for over 25 years. His experience and specialized training in journalism and economics enrich his popular daily AM-PM Round-up and his Technically Speaking column on Kitco.com.

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