THE TIP OF THE INFORMATION SPEAR, IN THE ENTERNAL FIGHT FOR FREEDOM AND LIBERTY
Sunday, January 12, 2020
Will Iran and United States Friction Push Gold Prices to New Ultimate Highs?
Tensions between the U.S. and Iran seem to have simmered down a bit, but a flare up could happen again and gold could be poised to push higher, said Peter Hug, global trading director of Kitco Metals.
“Right now, gold looks a little suspect, I wouldn’t be aggressively chasing it. I’m looking for the market to consolidate here. If it consolidates here, then the next push to $1,600 could be a real push,” Hug told Kitco News.
