by Kevin Michael Grace
The Gold Report
Adrian Day: Yes, absolutely. The strong dollar and equity markets are two of the main reasons why gold has been down over the last 18 months. The third reason is anticipated higher interest rates.
Continue Reading at TheAuReport.com…
Please share this article
The Gold Report
Fund
Manager Adrian Day believes that the U.S. dollar is fundamentally
overvalued and we can expect a devaluation at some point. This is good
news for the price of gold. In this interview with The Gold Report, Day
adds the even-better news for investors in gold equities is that so many
good shares now sell for so little, and he discusses several companies
that won’t remain bargains for long.
The Gold Report: Despite the lack of an economic
recovery and the reality of ever-increasing debt, the U.S. dollar and
the equity markets remain strong, while gold (as denominated in U.S.
funds) remains weak. Do you expect these conditions to change?Adrian Day: Yes, absolutely. The strong dollar and equity markets are two of the main reasons why gold has been down over the last 18 months. The third reason is anticipated higher interest rates.
Continue Reading at TheAuReport.com…
No comments:
Post a Comment