Will Gold Supply Crisis Threaten US Dollar As The Global Reserve Currency?

Category: Precious Metals / Dec 16, 2013 4:46PM EDT

Scott Carter, chief executive officer of Lear Capital, weighs in on when he expects the Federal Reserve to taper its $85 billion-a-month bond-buying program as investors wait for any new clues ahead of the FOMC's December 17-18 meeting. In addition, Carter discusses physical gold versus paper gold and why inventories are currently falling. Carter also speaks about China and its plan to back the yuan with gold and turn it into a global reserve currency.