What a difference the gold price makes
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Kai Hoffmann, Managing Director of Soar Financial Partners and CEO of Oreninc, told Kitco News earlier this week that there were just 17 bought deal in the first five months of 2019. Since gold made its move up, there have been 26 bought deals from June to August.
"I was carefully pesimistic in May, but nobody could have expected this nice $250 move in gold," Hoffmann told Kitco News.
"But we are still not out of the woodwork yet. We are still missing the generalist investor."
Listen to our interview with Kai Hoffmann.
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