James Steel of HSBC and Keith McCullough of Hedgeye Risk Management discuss the drivers of the bull market in gold prices and whether the bubble has burst or not. It’s important to note that the drivers of this big bull market in recent years have emerging market demand, the debt crisis and a belief that the Fed is “printing money” and creating inflation. Gold investors must ask themselves if these big trends are ending any time soon?
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.