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Gold has a path to $4,000 as U.S. credibility crumbles - WisdomTree’s Nitesh Shah
Gold’s safe-haven allure has rapidly faded after the U.S. and China announced a 90-day pause in their ongoing trade war. However, one market strategist expects the precious metal to maintain its luster as global financial markets continue to face significant geopolitical and economic uncertainty, even if trade disputes are eventually resolved. In an interview with Kitco News, Nitesh Shah, Head of Commodities & Macroeconomic Research, Europe at WisdomTree, said that beyond global trade uncertainty, the next major risk he sees for the economy is U.S. monetary policy and the Federal Reserve’s independence. ... (full story)
