Monday, January 3, 2011

Jim's in Agreement with Kitco's Commentary

Strength In Precious Metals Likely To Linger Into Early 2011

 

Gold is 
likely to benefit as the U.S. dollar loses purchasing power
Strength In Precious Metals Likely To Linger Into Early 2011.
The precious metals rally is likely to continue into the first week of 2011 as the fundamental supports for the markets – concerns of Eurozone debt, fiscal and monetary stimulus in the U.S. and currency considerations – will remain steadfast.
While some market watchers warn that the potential for profit-taking in January is possible, many say strong demand under the market will limit significant losses and won’t change the long-term bullish trend.
Commodities in general saw a strong rally into the last few weeks of the year...

No comments:

Post a Comment