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  • President of Euro Pacific Capital on Gold and the Dollar [View article]
    The issue with Gold is that after all the de-leveraging is over, they will buy it back since it provided such safety during the crash. Gold is still 4X higher than in 2000, the market is back at 2000 levels, just losses. Don't believe the de-leveraging is over story one bit. If you look at a 30:1 hedge level we still got 3 to 4 years to go. In the meantime gold will go up in cycles.
    Dec 30 19:46 pm |Rating: 0 0
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