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Gold equity premiums may not return, but value’s back - Altus

Posted on 04 April 2014

Carl Noack, vice president investments for Altus Global Gold, gave his views on seeking value in the resource sector. He admitted that recent market performance has proved to be a painful time for gold bulls with the sector market down 28% last year and around 50% or more from its peak and with good companies in many cases hit just as badly as poor ones.
Noack pointed to last year’s sharp downturn in the gold price being primarily due to two factors – big sales out of the gold ETFs and ever continuing uncertainty over whether the U.S. Fed would indeed start its tapering programme………………………………Full Article: Source


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