No Conviction In Sight For Higher Gold Prices: Peter Hug

Kitco News has Peter Hug in studio to talk the Fed, the ongoing debt ceiling debate and gold prices. The U.S. budget and debt ceiling issues has moved to the front burner of the market place as the U.S. approaches its borrowing limit in mid-October. “I’m betting there will be a debt ceiling extension,” Hug says. “I’m skeptical on the strength of this market however. I don’t see a lot of conviction to take these prices higher.” This issue may be bearish for most markets but for gold traders, the question is whether the yellow metal will sell off or rally. Tune in now to hear what Peter Hug has to say on the matter and where he expects prices to go. Kitco News, September 26, 2013. (show less)

Kitco News has Peter Hug in studio to talk the Fed, the ongoing debt ceiling debate and gold prices. The U.S. budget and debt ceiling issues has moved to the front burner of the market place as the U.S. approaches its borrowing limit in mid-October. “I’m betting there will be a debt ceiling extension,” Hug says. “I’m skeptical on the strength of this market however. I don’t see a lot of conviction to take these prices higher.” This issue may be bearish for most ... (read more)

For Pete's Sake!

For Pete's Sake!
From the latest market-making swings to the forward-looking important events that could impact the markets, For Pete's Sake with Peter Hug breaks down the news. He reviews the latest information coming out of North America, Europe and Asia to help you decide how to play the week. Tune in every week to get his key price ranges for gold and find out why he hates to talk about the Fed.

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