Wed, Oct 22, 2014
A A A
Welcome kbr175@gmail.com
RSS

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


 Article link

This post was written by:

VRS - who has written 37583 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