Wells Fargo Reverses On Gold Prices, Returns To Bear Territory

By Kitco News / May 27, 2019 / www.kitco.com / Article Link

May 28, 2019 Guest(s): John LaForge Head of Real Asset Strategy, Wells Fargo

Gold prices no longer look attractive based on the way the yellow metal has reacted to recent economic events, this according to John LaForge, head of Real Asset Strategy at Wells Fargo.
"Stocks, in the last few weeks have hit, and you see the days when stocks really get hit, and what does gold do? Gold is up $3, it's up $5, it's up $7. I think where we are in this gold super cycle, this long cycle with commodity prices is we're kind of in the dull period," LaForge told Kitco News.

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