Opinions
Paul Gardner, CFA
Goldmoney Inc
XAU-T
BUY
May 16, 2019
He rarely talks about Gold. He thinks it is a strong sector bet. It is been out of favor for so long that mines have closed, productions have closed, mergers and acquisitions happened. Central Banks are now massive buyers of Gold. they want to get out of the US dollar. The Fed is not raising rates. The US dollars is threaten just because it has done so well. Demand is enhanced and supply is curtailed. Technically we are still at a point where nothing has happened.
$2.140
Stock price when the opinion was issued
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