As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 11 hours ago
May 24 2010 | 2:47pm ET
CNBC's Maria Bartiromo speaks with Guggenheim Partners' Scott Minerd and Skybridge Capital's Anthony Scaramucci on the sidelines of last week's SALT Conference in Las Vegas.
The conference was easily the largest in the alternative investment industry this year, boasting 1,500 attendees.
"The Euro is going to have to go lower, it is just a fact of what is going on in Europe," says Scaramucci.
Minerd agrees. "I think you have to have some percent of your assets in what I call the anti-currency trade," he says, such as gold, silver and art.
Original Airtime: Wed. May 19 2010 | 2:15 PM ET