'Do we really think the U.S. dollar deserves to be this strong?' - Wheaton Precious Metals CEO
Smallwood spoke to Kitco News earlier this month at the Metal Investor Forum in Vancouver. Despite gold's recent pullback, Smallwood notes that gold has been well supported by central bank buying."We haven't seen a retail push into precious metals yet. We've seen a bit, but not a lot. And when that happens, we will see a really big movement in the precious metals space," said Smallwood.Gold was trading north of $1,500 for much of August. Spot gold is currently trading below $1,460. (show less)
Smallwood spoke to Kitco News earlier this month at the Metal Investor Forum in Vancouver. Despite gold's recent pullback, Smallwood notes that gold has been well supported by central bank buying."We haven't seen a retail push into precious metals yet. We've seen a bit, but not a lot. And when that happens, we will see a really big movement in the precious metals space," said Smallwood.Gold was trading north of $1,500 for much of August. Spot gold is currently ... (read more)
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