Saturday 23 September 2017 ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Gold

Gold and Gold Stocks Remain Under-Owned and Under-Appreciated

By Tom Winnifrith | Saturday 9 September 2017


 


Adrian Day is, like me, an Austrian when it comes to economics and that is why, in this period of monetary lunacy and fiscal recklessness, gold has such an attraction for him. He is very bullish indeed. He argues that this year we've seen gold swing up and down several times, each time we have gone higher and had higher lows. This is a bullish pattern. It’s extremely encouraging that gold has held up well above 1300. Central banks are going to be very cautious from here.


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