Gold price should be above $2,000 as inflation 'screams red hot' - WisdomTree's Nitesh Shah

With inflation running hot around the world, gold prices should be well over $2,000, according to Nitesh Shah, director of commodity research at WisdomTree. Monday, in the latest Kitco News commodity podcast with Neils Christensen, editor of Kitco News, and Phillip Streible, chief market strategist at Blue Line Futures, Shah noted that consumer inflation is currently at 7%, its highest level in 40 years, at the same time European inflation has risen to 5%.