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Outlook for Gold; Savings and Gold Confiscation – Reuters Q&A Interview

from Gold Core:

The interview took place on Tuesday, April 9th in the popular Thomson Reuters Global Markets Forum with Kirsten Donovan Deputy EMEA Editor of Thomson Reuters and was well attended by bullion industry participants, hedge funds, institutions and banks.

Kirsten Donovan, – And as promised, GoldCore director Mark O’Byrne is here with us now, welcome Mark.

Mark O’Byrne, Good morning Kirsten and thanks for having me on.

Kirsten Donovan – Let’s start with the big question again; gold has had a bit of a rough ride of late, what’s your outlook from here, back up, or lower still?

Mark O’Byrne – Short term weakness seems possible as the short term trend is lower and sentiment is as bad as we have seen it in 10 years. However, we remain bullish in the medium and long term due to the global macro, systemic, geopolitical and monetary situation.

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