Top Stories This Week: Expert Calls When to Buy as Gold Falls, Uranium Sees Setbacks
It wasn’t an easy week for gold, which pulled back after last week’s run to nearly US$2,000 per ounce .
The yellow metal sank below the US$1,900 mark on Monday (April 25), and declined as low as US$1,873 on Wednesday (April 27). It was back to just below US$1,900 by the time of this writing on Friday (April 29) afternoon, but some experts think it could still drop further.
I had the chance to speak with Gareth Soloway of InTheMoneyStocks.com , who remains bullish on gold, but expects the precious metal to move down to US$1,825 to US$1,850 before breaking out much higher. While that might sound disheartening, Gareth sees this potential pullback as a "great opportunity" to accumulate more gold. "My fear is that I do think you still have a little bit more […]
Click here to view original web page at investingnews.com
Posting Guidelines
- Do contribute something to the discussion
- Do post factual information, analysis and your view on company valuations
- Do disclose if you have an interest in a security
- Do take our Terms of Use seriously
- Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
- Do not complain about a post unless you have reported it first, and not on the forum.
- Do not post financial advice
- Do not advertise or post sponsored content
Get involved!
Get Connected!
Come and join our community. Expand your network and get to know new people!
Comments