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Taper talk boosts gold. Is this a fundamental change in direction?

Posted on 12 December 2013

There seems to have been the suggestion of something of a turnaround in sentiment on gold, ironically as virtually every bank analyst and his dog has been predicting a continuing downturn in the gold price – which, I suppose is the time to buy on true contrarian thinking.
Now whether the latest move upwards – not a big one so far by any stretch of the imagination – is sustainable, remains to be seen, but the factors surrounding the upturn are, to say the least, interesting………………………………………..Full Article: Source


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VRS - who has written 48800 posts on Opalesque Commodities Briefing.


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