Gold Market Is Just Scarred, Can Be Healed: ForexLive Editor

Kitco News speaks with first-time guest Adam Button of ForexLive about gold, the US dollar, and the Olympics! Button says the gold market looks great at the moment. “These are my favorite sorts of markets,” he says. “The market is just scarred a little bit right now, but that can be healed.” Looking over at currencies, Button says he thinks US growth is present but investors cannot be overly bullish just yet. Button adds that he prefers the Yen at the moment. “I really like shorts in the Yen. It was really the trade last year and I think it is the trade this year.” Finally, Button comments on the correlation between market rallies and the Olympics. “We looked at Winter Olympics over the last few cycles and the market has almost always rallied,” he says. “It was a good trade and this time it worked spectacularly.” Watch now for more from ForexLive editor and currency analyst, Adam Button. Kitco News, February 21, 2014. (show less)

Kitco News speaks with first-time guest Adam Button of ForexLive about gold, the US dollar, and the Olympics! Button says the gold market looks great at the moment. “These are my favorite sorts of markets,” he says. “The market is just scarred a little bit right now, but that can be healed.” Looking over at currencies, Button says he thinks US growth is present but investors cannot be overly bullish just yet. Button adds that he prefers the Yen at the moment. “I ... (read more)

 
 
On The Spot

On The Spot
Editor-in-Chief Daniela Cambone puts some of the A-list names in the commodities space 'on the spot'. From key political & economic leaders to metal market opponents, she has guests from all over the globe answer some of the most challenging questions surrounding the resource industry. Tune in to hear what the elite have to say about the hottest topics in the industry.

 

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