Gold has posted extraordinary gains over the past two years, but recent volatility has rattled some investors. Larry Lepard, Managing Partner at Equity Management Associates, isn't among them. In a recent interview with Kitco News, Lepard made a straightforward case for why the precious metal's pullback is a normal feature of a maturing bull market — not a signal that the run is over.
Gold's Long-Term Bull Case Is Built on Arithmetic, Not Sentiment
Larry Lepard argues gold's recent pullback is a pause, not a peak — and that sovereign debt levels make currency debasement mathematically inevitable. Here's why he sees much higher prices ahead.
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