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The Gold Bear Market Is Over; Prices to Hit $1,350 in Q4

Posted on 19 April 2016

The gold bear market is all over, this according to one well-known metals research firm. Speaking with Kitco News on Monday, Phil Newman, co-founder of the London-based firm Metals Focus also added that he sees improving prices throughout the year.
‘[L]ike many other people we see the bear market as over. Prices will continue to improve over 2016 and beyond this year,’ he said. Newman, a longtime gold forecaster, added that short-term, gold could weaken due to the uncertainty surrounding the rate hikes of the Federal Reserve………………………………………..Full Article: Source


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