Thu, Oct 2, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Commodity Crisis, Research, Trends more

‘Commodities meltdown to continue’: Pro

Posted on 16 April 2013

The price of gold, as well as other commodities, could have farther to fall, Joe Terranova of Virtus Investment Partners said. “The commodities meltdown, I think, is going to continue,” he said. “And I think to figure out exactly if this is a moment where you step in and in essence buy a falling knife, you have to look back toward the past.”
On CNBC’s “Fast Money,” Terranova pointed to a high in gold back in September 2011. “That’s exactly when we had that deficit debacle in Washington, D.C.,” he said. “Gold should’ve gone higher at that point. It did not.”……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 37241 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031