This week I was over at the ABC studios on the Upper West Side to talk about Gold and other metals. I think it’s important for investors to define their goals and time horizon in the market. Structurally I see little evidence to suggest that a historic low was made last month in Gold and a new structural bull market has begun. Short-term I think we can see a bit more upside, but bigger picture I think we can be patient before calling this a real bottom. I believe there are better ways to be positioned in the metals space.
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Tags: $GLD $GC_F $SI_F $SLV $PA_F $PALL $HG_F $EEM $JJC