Chen Lin: Gold, Silver Prices Breaking Out, My Stock Strategy Now

Chen Lin of Lin Asset Management discusses what’s behind gold’s latest price move.

‘Recently the stock in China’s gold futures market just went parabolic — that actually preceded the recent gold breakout … both had been rangebound for a long, long time, and then suddenly started breaking out two weeks ago,’ the expert explained.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.