NEW YORK, 21 March 2014 – Miguel Perez-Santalla, business development VP at BullionVault, was a guest today on Street Signs, the flagship lunchtime news show from leading financial TV channel CNBC.
"I was surprised gold broke below $1350," says Miguel, speaking live in the studio with anchor Amanda Drury about the "hot money" coming and out of gold.
"Now we've got Goldman Sachs calling for $1050. But still, even that's not a very negative number for long-term investors.
"For the short term, yes – we're going to see volatility."
Co-host Brian Sullivan then challenges Miguel over the outlook for interest rates, and the impact on gold prices according to history.
To hear Miguel's response on this historical point, key to gold investors everywhere, watch the CNBC segment here:
