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Kitco News

Gold price never ‘really’ hit all-time highs; Lobo Tiggre gives reality check

Changed for inflation, gold's cost has not hit the all-time high yet, stated Lobo Tiggre of The Independent Speculator.

" If we go by what the BLS [Bureau of Labor Stats] releases for its CPI information, we can see that gold has not strike a new all-time high. To match the 2011 top, gold would certainly have to go over $2,150, which we have not gotten to yet, and to match its 1980 peak, it would certainly need to go over $2,700," Tiggre told Kitco Information.
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Kitco News

This “explosive” metal set to skyrocket, and it’s not gold

While gold is a secure financial investment and must be possessed throughout economic downturns, uranium's basics look more positive for a large price move in the brief to tool term, this according to Lobo Tiggre, primary analyst of the Independent Speculator.

Speaking to Kitco News, Tiggre claimed that the collapse in uranium's supply has actually produced a real problem, while the demand for nuclear energy is inherently less unpredictable than that of oil's.
__________________________________________________________________
Kitco News is the globe's # 1 resource of metals market info. Our videos include interviews with famous sector numbers to bring you market-affecting understandings, with the objective helpful individuals make informed investment choices.

Subscribe to our network to keep up to date on the most up to date insights moving the steels markets.

For even more breaking news, visit

Follow us on social media sites:
Facebook –
Twitter –
Google+:.
StockTwits -.

Real-time gold price as well as charts:.
Live silver rate and charts:.

Do not neglect to register for Kitco News' Weekly Roundup– comes out every Friday to recap the hottest tales & video clips of the week:.

Join the conversation @ The Kitco Forums and become part of the premier on-line community for precious metals financiers:.

Disclaimer: Video clips are not trading suggestions and also the views shared might not mirror those of Kitco Metals Inc
.