Hong Hao: Silver's bottom may be between $75 and $80 per ounce, and gold's bottom may be below $5,000 per ounce.

02/03 01:40

On February 3rd, Bloomberg Businessweek Person of the Year and two-time most influential economist in China, Hong Hao, stated in an interview with CNBC on February 2nd, "Although it will take some time to settle, we believe the bottom of silver is in the range of $75–80 per ounce, while the bottom of gold is approximately below $5000 per ounce."

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