Sunday, June 12, 2011

Hathaway Confirms Gold to Trade in the Five Digits

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With a continuation of gold and silver volatility, today King World News interviewed one of the great ones, 40 year veteran John Hathaway of the Tocqueville Gold Fund. When asked about the volatility in both gold and silver Hathaway had this to say,
“We’re in a shakeout now and frankly it isn’t as scary as the one in 2008, but I think there’s no foundation whatsoever for solid, robust economic growth and that’s the realization the markets are coming to. I think we’re past the point of no return."

Hathaway continues:

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