Continuing Kitco News' coverage of the 2013 Metals & Minerals
Conference, Daniela Cambone caught up with Malcolm Gissen of Malcolm H.
Gissen & Associates to discuss gold. "Our view on gold changed about
a year ago. We had been pretty optimistic about it but then we became
realistic," Gissen says. "We think long-term gold will do well but for
at least for the next year we think it's going to be under pressure."
Although Gissen says that the fundamentals support higher gold prices,
he thinks investors are more comfortable buying large cap domestic
stocks now. "I'm optimistic on the US economy. I think it is
improving...my major concern is congress," he adds. Watch now to hear
more of his thoughts on the metals and the economy. Wishing you a Happy
Thanksgiving! Kitco News, November 28, 2013.
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