What's Next for the Price of Gold?
Before investors even attempt to guess what’s next for the price of gold, they first need to understand why gold prices have fallen so much.
While some have blamed Goldman Sachs Group Inc. (NYSE: GS) for manipulating gold markets, Money Morning Chief Investment Strategist Keith Fitz-Gerald explains that the Goldman “puppet masters” are only partly responsible for gold’s slide.
In fact, Keith says Goldman simply set the market up for this fall and that another catalyst actually caused gold’s selloff…
Keith also has an answer for the question we’re all asking: What’s next for the price of gold?
Listen to the following interview to hear Keith explain what really caused gold’s crash, at what price gold could bottom, and how gold’s cousin, silver, will fare going forward.
For a more detailed report from Money Morning Chief Investment Strategist Keith Fitz-Gerald on what’s next for the price of gold, check out his latest analysis: Why Gold Really Crashed and What You Can Do About It
Tags: gold price, Gold Prices, price of gold, what’s next for gold, what’s next for the price of gold
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