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Gold At Buy Point: RBC

Posted on 08 May 2015

Analysts have noted that the gold market has suffered because of lackluster investment demand, as investors shift away from precious metals and into higher yielding assets like equities. However, one analyst at RBC Wealth Management sees some higher short-term risk to equity markets, which could be bullish for gold and silver.
Bob Dickey, technical analyst at RBC, said in his Market Maps report, published Tuesday that the S&P 500 is six years into what could be a 27-year secular bull market, if historical patterns prove correct. “The years ahead could represent a good time to own stocks, in general, much like it was in the 1975–2000 period,” he said in the report………………………………………..Full Article: Source


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