Episode 3
Gold goes higher because more stimulus must come - Hug
The stimulus will happen no matter who wins and that is good for metals and gold, said Peter Hug, Kitco’s head of the precious metal division. Hug spoke to Kitco News Thursday as Republican and Democrat leadership continued negotiating a COVID-19 stimulus package in excess of $2 trillion. Some Republican senators are holding out, but Hug said a deal will happen because there is too much pressure from businesses and the states.
October 23, 20208m 37s
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Show Notes
The stimulus will happen no matter who wins and that is good for metals and gold, said Peter Hug, Kitco’s head of the precious metal division.
Hug spoke to Kitco News Thursday as Republican and Democrat leadership continued negotiating a COVID-19 stimulus package in excess of $2 trillion.
Some Republican senators are holding out, but Hug said a deal will happen because there is too much pressure from businesses and the states.
Topics
precious metalscovid-19 stimulus packagedemocrat leadershiprepublican