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Commodities Briefing - Categorized | Bullion/Gold, Commentaries, Market Moves more

Gold disappoints – but still extremely positive for long term holders - Nichols

Posted on 04 December 2012

New York gold guru Jeff Nichols comments, in his latest note for Rosland Capital, that gold continues to disappoint with recent efforts to move higher thwarted by what he, perhaps generously, calls stepped-up speculative selling, coupled with softer physical demand leading to recent bouts of price weakness.
However on the contrary side, the latest sales figures for gold coins from the U.S. Mint suggest that demand from individuals looking to hold physical bullion in the form of gold and silver coins is close to record levels………………………………………..Full Article: Source


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VRS - who has written 39433 posts on Opalesque Commodities Briefing.


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