23.12.2014 - Credit Suisse: Gold Looks Likely to Fall in 2015
Credit Suisse is bearish on gold headed into the new year, and one of the firm’s trading strategists recommends options on the SPDR Gold Shares (GLD) to capture additional prices declines. Victor Lin on Credit Suisse’s trading strategy team recently noted the firm’s bearish outlook on gold in 2015. Their dim view on the yellow metal is premised in part on the potential for the Federal Reserve to raise interest rates, which could makes holding gold less appealing relative to bonds:..............................................Full Article: Source
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