Saxo Group Videos

Van-Petersen: Why uncertainty may be a golden opportunity

Gold prices and gold mining stocks have seen sharp increases in the past three weeks as markets have been mired in uncertainty. The moves confirm a strategic call made by Saxo Bank’s Kay Van-Petersen and it is not too late to get in on the trade, he says.

Saxo Bank’s global macro strategist published his call on precious metals and miners in an article on Tradingfloor.com on January 25. Since then, the GDX ETF is up close to 40%, while miner Goldcorp is up 55% over the same period.

01:33 minutes
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