With gold stuck in a tight trading range, former U.S. Mint Director Ed Moy says investors should be looking at long-term factors. Moy tells TheStreet’s Joe Deaux that market participants should consider three events: how the Federal Reserve will unwind its asset purchases from economic stimulus, broader geopolitical events in Iran and China and the possibility of a stock market correction. Moy also discusses the purpose of holding gold coins and whether bullion is the right choice for investors who want to add the yellow metal to their portfolios.
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