Kitco News catches up with Oreninc’s Benjamin Cox to see how he sees gold set up for the rest of the year. Cox comments on the Fed Funds rates, rhodium and even the big fast-food chain deal everyone seems to be talking about: Burger King & Tim Hortons. Cox says he still prefers rhodium over gold but says he may not like it too much longer in the short term. “The problem with runs is that when they end, they end painfully,” he says. Looking at the Fed, Cox says the central bank doesn’t actually have the ability to raise interest rates as they claim. “The U.S. government is sort of like setting their own interest rates in their own mortgage,” he says. “I am not sure if I see a rise in interest rates.” Tune in now to see why he thinks rhodium may outshine gold. Kitco News, August 28, 2014.
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