Gold Market Now Very Close To Issuing A Major “Buy” Signal
August 29, 2013
With continued volatility in gold, silver, and the crude oil market, today one of the savviest individuals in the business told King World News that the gold market is now extremely close to issuing a major “buy” signal. He also discussed stocks, and a surprising situation developing in the crude oil market. Below is what Jeffrey Saut, who is Chief Investment Strategist for $360 billion Raymond James, had to say in this powerful interview.
Eric King: “Jeffrey, so far your call for a peak in these markets in late July has turned out to be very accurate in terms of the general timing. What are your thoughts at this point?”
Saut: “I think we are still involved in a correction. I don’t think it’s over with yet. The internal market data continues to be positive, but I still think we have further to go on the downside….