CGFIA-Gold Glistens More Brightly, Say Investors
"There's a perfect storm here for gold," said Ayer. "On the long-term scale of this cycle, we're approaching the final push. Typically during cycles in all markets, the final rally of the cycle is incredibly powerful. I am expecting a major, major rally here in the coming months."
Stocks of mining companies have dramatically underperformed both gold and silver over the last five years, Ayer said, and are now "extremely undervalued relative to both gold and silver." He expects "a massive catch-up rally" in those stocks over the next six to 12 months, he said.
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If I got it right; "That's my one for the year!" If this had been an actual trading emergency you would have been instructed "TO NOT LISTEN TO ME!" There is no substitute for your own DD!!!