Precious Metals Week in Review with Joe Battaglia 08.10.12

Joe Battaglia discussed this week’s precious metals and economic news including: the Department of Justice’s decision to not prosecute Goldman Sachs; recent financial and banking scandals; weak economic data out of China and its effect on the markets; John Hathaway’s interview with The Gold Report; possible short-covering rally in the gold market; credit derivatives; the upside potential for silver; gold as a potential hedge against inflation; analyst price targets for gold and silver.