Kitco News brings back EDC's Chief Economist Peter Hall to get his
outlook on the global economy as well as gold and other commodities.
Last time Hall was on Kitco News, he said gold below $1,000 was a
possibility. "We really haven't seen fit to change our outlook [on gold]
at all," Hall says. "Our stance was confirmed by the reaction of the
global markets to the mention of tapering by the Federal Reserve Board."
With regards to a global economic recovery, Hall is optimistic about
the U.S. economy. In fact, the Export Development Canada economist says
that as the U.S. economy continues to gain momentum, he expects it to
add momentum to the European, Japanese and eventually the emerging
market economies. What economic indicator is he closely watching next
year? "We're keeping a very close eye on the housing market in the US,
that's been our favorite leading indicator." Tune in now to hear more of
his comments on gold, copper and the global economy. Kitco News,
December 17, 2013.
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