"It's like everybody's forgetting what gold actually is - a hedge against uncertainty and fiat money," said Bob Haberkorn, senior commodities broker at RJO Futures.
Haberkorn said gold prices will likely test $1,550 before traders sitting on the sidelines return to the market in search of bargains.
"I've talked with several people and they're waiting to pounce on this," he said.
To read the full article with Bob's comments, please go to businessspectator.com.
Series 3 Licensed
Senior Commodities Broker
Bob started his career in 2005 as a broker with Lind-Waldock. He is often quoted in industry sources, such as the Wall Street Journal in regards to precious metals and the copper market..... Read More
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