Treasury calls gold a ‘bubble’ while banks target $6,000: Feneck warns of ‘commodity war’

(Kitco News) – Investors navigating the precious metals market are facing a massive disconnect between government rhetoric and institutional action, with the U.S. Treasury attempting to talk down prices while major banks position for record highs, according to John Feneck, founder of Feneck Consulting.

(Kitco News) – Investors navigating the precious metals market are facing a massive disconnect between government rhetoric and institutional action, with the U.S. Treasury attempting to talk down prices while major banks position for record highs, according to John Feneck, founder of Feneck Consulting.