March 11, 2013 at 04:00 AM EDT
Eight Companies Swiss Money Manager Joachim Berlenbach Gives High Grades
The Gold Report: Goldman Sachs recently downgraded its 2013 gold forecast from an average of $1,800/ounces ($1,800/oz) to $1,610/oz due to interest rates rising in the U.S. Could this bearish sentiment actually be bullish . . . → Read More: Eight Companies Swiss Money Manager Joachim Berlenbach Gives High Grades Similar posts: Sprott’s Michael Kosowan on Surviving Death by Paper Cut in Today’s Mining Equity Market The Gold Report: Are you mostly involved in mining investments,... Miners Downsizing Capital Expenses for Smart Growth: Ralph Aldis and Brian Hicks The Gold Report: The Nov. 1 edition of Frank Talk... How to Find the Next Tenbagger in Peru: Maria Belen Vega and Ricardo Carrion The Gold Report: Before we talk about specific companies, let’s...

The Gold Report: Goldman Sachs recently downgraded its 2013 gold forecast from an average of $1,800/ounces ($1,800/oz) to $1,610/oz due to interest rates rising in the U.S. Could this bearish sentiment actually be bullish for gold?

Joachim Berlenbach: I think the report was very one sided. Focusing solely on the U.S. interest rates does not provide a full picture. I would have liked to see a balanced look at where the real demand is coming from. If the report had said, for example, how much gold the Chinese central bank is actually buying compared to its reported purchases, it would have been a much … [visit site to read more]

Similar posts:
  1. Sprott’s Michael Kosowan on Surviving Death by Paper Cut in Today’s Mining Equity Market The Gold Report: Are you mostly involved in mining investments,...
  2. Miners Downsizing Capital Expenses for Smart Growth: Ralph Aldis and Brian Hicks The Gold Report: The Nov. 1 edition of Frank Talk...
  3. How to Find the Next Tenbagger in Peru: Maria Belen Vega and Ricardo Carrion The Gold Report: Before we talk about specific companies, let’s...
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