Worried about Chinese debt, gold is pricing-in a Fed rate hike - Beaufort Securities

At a time when the financial markets are busy betting on the prospects of high growth/high inflation in the US, Charlie Long advises viewers to take note of the mounting debt concerns in China.

In this segment, Tip TV’s Zak Mir and Presenter Jenny Hammond talk to Charlie Long, Resources Analyst, Beaufort Securities Ltd.

Long points to tepid retail sales growth in China as an evidence that the rebalancing process has slowed… a sentiment echoed by the rating agencies few weeks back.

He also talks about the metals space and points to a potential trade war between the US and China as a risk to iron ore prices. While concluding the segment, Long states the gold market is pricing-in the policy normalization in the US.

Listen to this segment to know if the rally in Copper and base metals in general has more legs?

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