ahlam1399
06-26-2015, 04:27 PM
RBC says gold oversold and ripe for a rally
http://img.s-msn.com/tenant/amp/entityid/AAc9lg8.img?h=100&w=100&m=6&q=60&o=f&l=f&x=132&y=51A topping stock market, strong dollar, uncertainty over a Fed rate hike and unrest in Greece has kept the gold price in a trading range recently but it is set for a breakout to the upside says George Gero of RBC Capital Markets. ‘I’m probably one of the few people that believe there are too many bears in the woods,’ he told CNBC’s ‘Futures **w’… ‘Right **w gold doesn’t have too many friends because of a very good stock market. ‘I think all of these headwinds have been priced in and **w we begin to see some inflation. Once Greece has been resolved, and that will be k**wn shortly to the market, you’ll probably start to see more money go into something that’s liquid, portable and convertible’… Video link click here!
http://img.s-msn.com/tenant/amp/entityid/AAc9lg8.img?h=100&w=100&m=6&q=60&o=f&l=f&x=132&y=51A topping stock market, strong dollar, uncertainty over a Fed rate hike and unrest in Greece has kept the gold price in a trading range recently but it is set for a breakout to the upside says George Gero of RBC Capital Markets. ‘I’m probably one of the few people that believe there are too many bears in the woods,’ he told CNBC’s ‘Futures **w’… ‘Right **w gold doesn’t have too many friends because of a very good stock market. ‘I think all of these headwinds have been priced in and **w we begin to see some inflation. Once Greece has been resolved, and that will be k**wn shortly to the market, you’ll probably start to see more money go into something that’s liquid, portable and convertible’… Video link click here!