Potekin Gives Gold Call, Says Not Too Late To Buy

One speaker at the Total Wealth Symposium is bullish on the precious metals, calling for gold to remain strong as more “black swan” events start to creep up in the global economy. Speaking with Kitco News, Barry Potekin of RMB Group says he always looks for investment strategies that will bring back 7-10 times their initial investment, and gold might just do the trick. “Besides owning it for the long term…I like gold, silver, platinum and palladium,” he told Daniela Cambone following his presentation at the conference. As for the Federal Reserve and interest rate hikes, which have weighed on gold this quarter, Potemkin says it doesn’t really matter. “I don’t think the Fed is going to, but if they do, so what?” he questioned. “Initially, maybe the markets will go down but they’ll recover. The Fed is out of bullets, the world is in a mess.” (show less)

One speaker at the Total Wealth Symposium is bullish on the precious metals, calling for gold to remain strong as more “black swan” events start to creep up in the global economy. Speaking with Kitco News, Barry Potekin of RMB Group says he always looks for investment strategies that will bring back 7-10 times their initial investment, and gold might just do the trick. “Besides owning it for the long term…I like gold, silver, platinum and palladium,” he told Daniela ... (read more)

Total Wealth Symposium

Total Wealth Symposium
From September 14-17, Kitco News will provide coverage of the 15th annual Total Wealth Symposium in Bermuda. The event brings together experts and veteran investors to discuss topics like international investing strategies, tax, asset protection, privacy and more. This year’s symposium brings some high profile speakers like longtime gold bug and investor Doug Casey and former congressman Bob Bauman.

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