Sat, May 30, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Bullion/Gold, Metals and Minerals more

Are gold miners cheap?

Posted on 18 March 2013

Back in September 2012 when gold hit a high of US$1784.50 per ounce, Bank of America Merrill Lynch (BAML) analysts forecasted gold racing to $3,000 or even as high as $5,000 over the long term.
BAML’s analysts argued that gold was on a well-defined uptrend and that the best long story for commodity markets was gold. The big factor driving gold, according to BAML, was aggressive monetary policy easing. “You really want to be invested in gold,” BAML’s Sabine Schels, head of fundamental commodity research reportedly said………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 40705 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
S M T W T F S
« Apr    
 12
3456789
10111213141516
17181920212223
24252627282930
31