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This Is What Would Drive Gold To $1,450 - DeCarley Trading

Gold Discussion Group - gold-forum.kitco.com
While the gold market has its issues, it still surpasses bitcoin in may ways, according to a veteran trader. Bitcoin has no intrinsic value, said Carley Garner, president of DeCarley Trading, in an interview with Kitco News, Bitcoin is more of an idea than an asset at this point, in my opinion.Turning to gold, Garner said the yellow metal has room to move $30 higher due to seasonal factors. She added that ifand thats a big if, stock markets find a way to go into some correction, and risk-off assets become attractive again, then I think gold may have a shot at $1,450 [an ounce].

here to view video on Kitco.com
Date: Jan 13, 2018   


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