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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

A Warning for Gold Bugs: This Rally Won’t Last

Posted on 04 April 2016

The enthusiasm surrounding gold’s big first-quarter rally suggests its shine is set to dull sooner rather than later. Gold investors should enjoy the party while they can. The good times are probably coming to an end.
Bullish headlines following gold’s 16.5% first-quarter surge were in full force last week. CNBC claimed there was still upside ahead following the biggest quarterly rally in three decades. Bloomberg said even the bulls were stampeded by gold’s sharp move. And The Wall Street Journal touted the growing number of bullish bets on the metal………………………………………..Full Article: Source


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


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