by JT Long
The Gold Report
Louis James: Commodities, as a group, tend to move together. We see it with copper and other industrial metals, and we see it in other commodities, including pork bellies. The commodities index is not just an average line. It actually is fairly representative of the sector as a whole. That matters right now because the trend for commodities is downward, plus the fundamentals are. . .scary.
Continue Reading at TheAuReport.com…
The Gold Report
When
is gold more than a commodity? When it is recognized as the last safe
haven in a volatile world. In this interview with The Gold Report, Casey
Research Senior Analyst Louis James warns that “there are so many
fragile points around the global economy today any jolt can cause
follow-on crashes, collapses—all the volatility we have come to know and
love since 2008.” To prepare for the inevitable, James shares the seven
advanced junior names that he thinks could move up fast when the hard
reality of gold’s value starts hitting the bottom line.
The Gold Report: You recently observed in your
newsletter that gold has been acting more like a commodity, like pork
bellies, than like a currency. That misclassification has discounted the
value of precious metals, depressing the price. Why do you think that
is?Louis James: Commodities, as a group, tend to move together. We see it with copper and other industrial metals, and we see it in other commodities, including pork bellies. The commodities index is not just an average line. It actually is fairly representative of the sector as a whole. That matters right now because the trend for commodities is downward, plus the fundamentals are. . .scary.
Continue Reading at TheAuReport.com…
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