Schwab Network - Gold 25% Below Record High Why Metals Trade Lost Its Luster (West Point Gold CEO)
Prices for the yellow metal have fallen more than 25% from its all-time high. Derek Macpherson says investors initially overbought gold, setting the foundation for a substantial sell-off. Axel Merk adds that it is competing with the purchasing power of the current currency. They also talk about what to watch in the metals space and expectations ahead for gold. www.westpointgold.com Full interview: https://schwabnetwork.com/video/gold-...
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