REPEAT - OUTLOOK 2014: Fed Playing High-Stakes Poker

Greg Weldon of Weldon Financial is back on Kitco News to share his outlook for the US economy and the metals markets. According to Weldon, the market is in a “hunt for yield environment” and this puts gold at a disadvantage. “You need a turn in the stock market to put a bid in gold,” he said. “I think that’s a very possible, potentially high-odd scenario in 2014.” With regards to the Fed, Weldon says that it is clear they do not know what they are doing. “The stakes are huge; this is high stakes poker at the maximum level in terms of monetary policy,” Weldon says. “They’re going to have to try to taper and then see what happens.” Weldon comments on the metals and sees potential for silver, copper, nickel and zinc. Tune in now to hear his take on the metals markets. Kitco News, December 16, 2013. (show less)

Greg Weldon of Weldon Financial is back on Kitco News to share his outlook for the US economy and the metals markets. According to Weldon, the market is in a “hunt for yield environment” and this puts gold at a disadvantage. “You need a turn in the stock market to put a bid in gold,” he said. “I think that’s a very possible, potentially high-odd scenario in 2014.” With regards to the Fed, Weldon says that it is clear they do not know what they are doing. “The stakes ... (read more)

On The Spot

On The Spot
Editor-in-Chief Daniela Cambone puts some of the A-list names in the commodities space 'on the spot'. From key political & economic leaders to metal market opponents, she has guests from all over the globe answer some of the most challenging questions surrounding the resource industry. Tune in to hear what the elite have to say about the hottest topics in the industry.

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