Best Gold Macro Analyst Gives Important Gold & Silver Update
Greg Weldon, CEO of Weldon Financial is the best when it comes to analyzing Gold and the macro landscape and how it impacts Gold. He feels there is some risk in the market at current levels (as Gold struggles around the $1900 breakout level), but that the potential upside is huge.
He has breakout targets in the $2600s and $2700s. He is watching Gold against foreign currencies, Gold against the S&P 500 but most important Gold against the Chinese Renminbi, which has been the strongest currency of late.