On February 3, Hong Hao, Bloomberg Businessweek's Person of the Year and a two-time winner of China's Most Influential Economist award, said in an interview with CNBC on February 2, "Although it will take some time for things to settle down, we believe that the bottom for silver is in the $75-$80/ounce range, while the bottom for gold is around $5,000/ounce."
Hong Hao: Silver's bottom may be between $75 and $80 per ounce, and gold's bottom may be below $5,000 per ounce.
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