Seeking Alpha

Take advantage of March's $140/oz. decline in gold to buy now, says Macquarie, noting sentiment...

Take advantage of March's $140/oz. decline in gold to buy now, says Macquarie, noting sentiment towards the metal has reached "extreme pessimism" levels. March is seasonably a poor month for gold and the Fed at a minimum is on hold through 2014 and may even ease more. What's not to like?
Comments (2)
  • I own PHYS and CEF a combination of Gold and Silver (A lot of it). It has grown significantly over the last 7 years. How long should I hold on, would like to hold on until both metals move up and would prefer to sell this year as it is almost inevitable that the capital gains tax will go up. Any thouhts. Short it and buy back? I have some time.
    26 Mar 2012, 07:40 AM Reply Like
  • congratulations!
    26 Mar 2012, 07:58 AM Reply Like
DJIA (DIA) S&P 500 (SPY)