Monday, August 23, 2010

Gold Enters Strongest Period as Eurozone Debt Crisis Returns

"...Following the Fed's revival of quantitative easing at the start of this month, "We would prefer the opportunity to accumulate a larger exposure [to gold investment] on substantial price weakness," Hussman adds, noting that "Mining stocks have essentially gone nowhere since May."

"The markets dip in May and come back after the summer," said Swiss-based fund manager Patrick Pittaway of URAM to CityWire last week.

"From today onwards this is the strongest time for gold."

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