Hard to shake this gold bull
Miguel Perez-Santalla, BullionVault vice president, goes on CNBC to discuss whether gold can go up as interest rates go up. “Gold is building a stong base. I was surprised to see it break through the 1350 level,” said Miguel. “We have Goldman Sachs saying that gold is going down to 1050. Even that’s not a very negative number for long-term investors. In the short term we’ll see some volatility and some people are going to take advantage of that.” See CNBC video Hard to shake this gold bull or view below.