Gold is having its moment in the sun right now, according to Jason Goepfert, senior research analyst with Sundial Capital Research.
NTD speaks to Christian Briggs, the CEO of Hard Asset Management Inc. and the host of the “Hard Asset Money Show.” He says gold’s path to the huge increase in value comes after China concluded in 2012 that U.S. debt was going to continue to expand and that the United States would succumb to the weight of that debt. That belief started China on the path to converting $4 trillion into gold.
Expanding conflicts around the world will mean that gold prices continue to rise, he says.