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‘Buy Gold, not Gold shares’- John Licata

Posted on 29 April 2009

From Commodityonline.com: Bullish on gold, platinum, palladium and natural gas, “If you think that you can be a beneficiary of some commodity strategies, just stick with it in the downturn,” says John J. Licata Chief Investment Strategist at Blue Phoenix, Inc., , even though he’s anything but bullish on the apparent recovery in the global economy just now.
“We’ve been hearing from many companies, prior to earnings releases, that the second half of this year was going to look a lot better. Once these companies actually started to release earnings, however, we started to hear that recovery could be pushed back in 2010.”…..Full Article: Source


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