Make Kitco Your Homepage

Gold faces existential crisis: Why buy it when stocks, other metals, outperformed? Kai Hoffmann

Kitco News

Why buy gold when the S&P 500 has consistently rallied, and other base metals will likely do better in the medium-term outlook?

That’s the question that Kai Hoffmann, CEO of Soar Financial Group, discussed with David Lin, anchor for Kitco News.

Hoffmann noted that margins for miners are “being squeezed” now as the gold price remains stagnant while input costs rise.

However, financing options still remain.

For Hoffmann’s picks for the top performing metal in the near-term, watch the video above. Follow David Lin on Twitter: @davidlin_TV

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.