BNN Appearance: Gold, Rates & Natural Gas
January 14, 2014
The good folks over at Canada's Business News Network asked me to drop by this morning to chat about some of my favorite markets. I'm not a huge fan of initiating long positions in the major US stock market averages up here, I prefer bonds from a good risk/reward perspective. In terms of precious metals, I think it really depends on your objectives and time horizon. Structurally I think Gold still has problems, but short-term this rally might have a little more room. We also discussed Natural Gas and US Dollars vs Canadian Dollars.
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Source:
Technical Tuesday: Bull on Bonds (BNN)
Tags: $UNG $NG_F $SPY $TSX.CA $EWC $USDCAD $FXC $GLD $GC_F $TLT $ZB_F $ZN_F $TNX