Interview topics:
- gold price
- silver price
- copper price
Is a gold rally around the corner? My guest is Elliott Wave International´s gold and base metals analyst Tom Denham. Back in July 2014, Tom and I spoke about the foreseebale price development of various metals prices. In terms of Gold he correctly predicted another leg down which would go hand in hand with a gold price drop to the level of $1,096 per troy ounce. What we observed since then was even a little extension of the price drop to the level of $1,075 per troy ounce. Back in July 2014, Tom seemed to be highly convinced that the expectable drop in the gold price would be a great opportunity to reenter the market. Let me ask him what he can read from his charts. And is he still sticking to his statement?
