Hong Kong-based private investor Michael Hampton returns, talking gold, the race between stocks and gold, and opportunities in gold mining shares.
The related charts are here.
Hampton makes the case that the gold price is currently marking a low in its long-term bull run. While there is a chance that the trend channel could be broken to the downside, the odds favour a continuation of the upward trend. If the gold price were to move back to the top range of the trend channel we could see $2,200 to $2,500 per ounce of gold.
This podcast was recorded on 6 February 2013. It can also be heard at Goldmoney -GoldMoney - the best way to buy gold and silver.
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