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Gold Rallies on Stimulus Bets
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David Williams, Strategic Gold, on gold’s rally ahead of Ben Bernanke’s meeting in Jackson Hole this week.
- Duration 1:15
- Date Aug 27, 2012
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David Williams, Strategic Gold, on gold’s rally ahead of Ben Bernanke’s meeting in Jackson Hole this week.
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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.