Gold ‘breakout’ coming soon to ‘eerily quiet’ market, metals expert says


CNBC/Stephanie Landsman/11-29-17

Gold’s trading activity has been unusually calm this year, but that may be about to change.

…”It’s tough with the events coming up — whether it’s the Fed or tax reform which is very, very important. I think that could lead to volatility,” Dudas said Tuesday on CNBC’s “Futures Now.”

…His 2018 year-end target calls for gold to hit $1400, an 8 percent gain from current levels. According to Dudas, higher inflation expectations in 2018 should be strong enough to push gold prices even higher.

PG View: Dudas sees a 19-20 handle for silver.

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