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Casey Research interviews John Hathaway, a renowned fund manager. John explains why he believes there is very little downside risk to gold.
He is not ruling out another round of quantitative easing, but is little worried if it does not come. John reminds investors that gold rose for many years before anyone had ever heard of quantitative easing. He talks about the domestic manipulation by the Fed and other global forces which could drive gold higher in the years ahead.
The Chinese have slowed their buying of US Treasuries and this will ultimately put more pressure on the Fed to maintain low interest rates. Drawing on more than 30 years of experience, he puts together a laundry list of reasons why we are poised for a considerable rally in gold and gold equities.