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More Pain Ahead For Equities: Peter Hug

More Pain Ahead For Equities: Peter Hug

Saturday, 1 February 2014

Peter Hug talks gold amidst issues coming out of emerging market economies, equities markets and the eurozone. Hug says he hopes the drop in global stock markets is simply a correction. "We're assuming here that this is a correction; it could go a little further," he says. "It's got some momentum behind it because of the emerging market issues that have developed since the Fed has begun to tighten. So there may be some more pain ahead." Looking at gold, Hug says he is not seeing any conviction for the yellow metal. "For me to be more convicted on gold, unfortunately is going to require a lot more damage on the equity market and subsequent issues with the emerging economies," he says. "If this is only a correction and the emerging markets stabilize, and money flows back into the equity markets...I'm having trouble getting behind the gold run." Watch now for more on the economy, gold and the PGMs.

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Gold & Silver Are Real Money: Rich Dad's Kiyosaki

Gold & Silver Are Real Money: Rich Dad's Kiyosaki

Thursday, 16 January 2014
Rich Dad's Robert Kiyosaki is on Kitco News to talk about why he prefers gold & silver over the stock market and what it takes to be a successful in...
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The global movement of gold

The global movement of gold

Thursday, 9 January 2014
Host Andrew Duncan speaks with Savneet Singh, Founder and President of Gold Bullion International. Topics include the creation of GBI, the partners...
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Queen Gold Changes Horses In 2014

Queen Gold Changes Horses In 2014

Thursday, 26 December 2013
As the year 2013 comes to a close, I think its wise to review some longer term charts. Thats a weekly gold chart, and theres what I would term a com...
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OUTLOOK 2014: US To Be World Economy's Engine

OUTLOOK 2014: US To Be World Economy's Engine

Wednesday, 18 December 2013
Kitco News brings back EDC's Chief Economist Peter Hall to get his outlook on the global economy as well as gold and other commodities. Last time Ha...
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