Xie: gold bull market is not over

On October 21,, independent economists, rose stone consulting company director xie in China's financial security peak BBS and "blue ocean close sword" the fourth futures firm competition award ceremony, said: "the real need to worry about the problem is economy is not take-off inflation up next year, it is very likely a thing."
Xie said, if appear such inflation expectations, not only the stock market there will be pressure, gold such precious metal assets also there will be pressure, "I have been valued gold over the past few years, this is because the performance of the global monetary policy has been to relax. If inflation, market will undergo great test. This test depends on whether the central bank will raise interest rates. If the central bank against inflation, so asset prices will appear a sharp decline".
Xie pointed out that gold won't like money just print, so in the currency super hair, gold assets is the necessary configuration. He thinks, gold bull market is not over yet, "when the federal reserve started raising interest rates, investors put into gold, gold bull market might go to the head, but the fed in one or two years may not raise interest rates".