The economy of China is slowing down. For several weeks now China has shown lower GDP figures which impacts the gold market. The expanding yuan band also pushed the dollar index up which caused the gold price to go down. Watch the interview with Phil Streible, Senior Commodities Broker of RJO Futures.
Series 3 Licensed
Senior Commodities Broker
Early in his career Phillip began trading his own account as a screen trader focusing on the metals, grains, and stock indices. He then became a Series 7 licensed financial consultant with A.G. Edwards. Later, he expanded his trading experience into a Series 3 licensed commodity broker with Investment Analysis Group. Most recently he was a senior market strategist at MF Global before joining RJO Futures in October 2011 as a senior commodities broker.
As a senior commodities broker .... Read More
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