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