MacroVoices #381 Leigh Goehring: Global Food Crisis Update
Macro Voices
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The Gold Features Start
There's clearly no imbalance in buying that is driving volatility premiums higher. It'll be interesting to see how that plays out once we get past that June 30th window. I think gold is poised for a deeper correction than we've seen so far. My downside target is 1860 which is almost $80 lower than the market was trading on Wednesday evening.
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