26.06.2015 - Here's why gold will rally: RBC's Gero
Gold is in the midst of its longest losing streak since March, but one noted gold bug claims the selling could soon abate. "I'm probably one of the few people that believe there are too many bears in the woods," metals strategist George Gero said." Gold closed Thursday's session at $1,172.20 an ounce, its lowest level since June 5, but despite the selloff, Gero insists the precious metal is oversold. Gero attributed gold's recent demise to a healthy stock market, strong dollar, uncertainty over a Fed rate hike and unrest in Greece...............................................Full Article: Source
Print