Thursday, November 10, 2011

McAlvany Weekly Commentary

A Street View of the Current Gold Market: An Interview With Trader Roy

A Look At This Week’s Show:
-Gold should see $1850 in the next 60 days and should be very bullish in 2012 as well.
-Two macroeconomic events that will drive gold over the next year are loose monetary policy and the potential collapse of an EU member nation.
-Gold should maintain steady double digit growth through at least 2015. Growth could be much more abrupt should something unexpected occur such as an Israeli strike on Iranian nuclear facilities or a surprise in the U.S. Presidential election.

Gold Insider Conversations: Roy’s experience as an institutional gold trader over a 32 year period brings insight into the present day gyrations in the precious metals markets. We discuss past present and future events as they relate to Gold, and the various issues which are immediately impacting the price of the metals. He can discuss his views freely as a long time friend, but in confidence. We have left his name and the remainder of his bio out so he can share his thoughts with candor.

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