You're watching...

Gold Rallies on Stimulus Bets

Details

  • Description

    David Williams, Strategic Gold, on gold’s rally ahead of Ben Bernanke’s meeting in Jackson Hole this week.

  • Duration 1:15
  • Date

Clips

Also in this playlist...

Commodities

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Once again David Williams is managing director -- He can't golf -- does -- gold come down if we don't hear something more specific from Ben Bernanke on Friday after Jackson hall.

A -- I'm not sure that's the case I think that I think gold rallied last week on.

On expectations that.

That Europe China and the United States -- all.

Calm thinking and -- money -- depend on what mr.

Bernanke doesn't might we might have a short term drop but I think we've.

We've -- technical levels now that if there's if it's cold here and sustains here we're gonna go.

-- from here I believe.

Without it individual investor interest have you seen that wane at all as you have seen gold being more volatile really in the last year.

I I think guy individual investor interest is actually picked up in the last two months we had a very.

Quiet -- since since last August when gold this took off and went in 19100.

Came back down there and it was you know it it went up way too fast -- came back down.

Hi it's been about ten months -- backing and filling and in the last six weeks or so we've had and a much bigger interest in.

Individual masters and -- There's Rex talk today to thank you so much David Williams of strategic.