Gold looks good as the Fed will pivot on interest rates after the summer - Sprott's John Hathaway

From kitco.com

The gold market has seen sharp declines in the last three months as the U.S. dollar and bond yields have soared higher; however, one portfolio manager is optimistic that the precious metal is close to carving out a bottom as prices hold support at $1,700 an ounce. In an interview with Kitco News, John Hathaway, senior portfolio manager of Sprott Hathaway Special Situations Strategy, said that while gold still faces some challenging headwinds, the fundamental outlook is starting to shift. Hathaway's bullish outlook on gold comes as markets look for the Federal Reserve to raise interest rates by 75 basis points on ... (full story)