What North and South Korea Mean for Gold Prices

NEW YORK (TheStreet) -- Phil Streible, senior market strategist at Lind-Waldock, reveals how he's trading gold right now and what might happen if North Korea retaliates...


Phil Streible,:".....I mean we're probably gonna see a big waved back and that the goal would be surprised goal it's -- back about fourteen honored you know 425 -- something. You know that. Pretty serious covenant back here the only wow -- put a lid on prices that anybody who missed the boat on selling yet. Up at those levels any kind of hedge -- prowl against the Trent -- And profits for your and so there might be in might be it -- selling above you know fourteen point five -- Thirty pills that have a -- than what happens if not -- that it retaliate we -- big Ella and all now. Now look I just gonna see -- price they're probably gonna still remained flat there's still a lot of us are buying there's still -- out blah. Questions around the Euro zone possibility of a downgrade ....

U.S. Stocks Advance on Upgrades, Gains Trimmed on Korea

March 26 (Bloomberg) -- Bloomberg's Courtney Donohoe reports on the performance of the U.S. equity market today. U.S. stocks rose on analyst upgrades, takeover speculation and a European plan to help Greece avoid default before erasing most of the gain amid concern tension was escalating between North and South Korea. Bloomberg contributor Keith McCullough also speaks. (Source: Bloomberg)