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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.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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