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

Is gold in a bear market?

Posted on 29 April 2013

“The fundamentals for gold are unassailable, the long technical picture is excellent and gold remains very inexpensive when compared to almost every other alternative (most particularly, bonds, treasury bills and bank deposits). With currency debasement assured and some form of hyperinflation probable, gold should trade at several multiples of the current price before this bull market reaches its end.” John Embry, Chief Investment Strategist for Sprott Gold and Precious Minerals Fund.
Not according to my most recent interview with John Embry, (Sprott Asset Management, Chief Investment Strategist), “I am absolutely sure the gold and silver bull market has not ended. If you don’t like gold prices here, then you must like the value of paper money and you’re getting next to zero interest on it.”……………………………………….Full Article: Source


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VRS - who has written 37015 posts on Opalesque Commodities Briefing.


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