Kitco’s Peter Hug talks about gold, silver and the PGMs on this edition of “For Pete’s Sake.” Hug says he thinks the gold market has a bearish tone to it and he was looking for more safe-haven demand for the metals given the geopolitical tensions in the Middle East. “With what’s happening in Iraq, I would’ve thought there would be a lot more ‘mojo’ behind this market to push it up.” Hug remains bullish on the platinum group metals and says he is watching the gold/silver ratio for a trade there.
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