Jim Puplava’s Big Picture: Gold – In Trouble or Ready to Double?
by James J Puplava CFP
Financial Sense
Jim’s first Big Picture topic this week is “Gold – In Trouble or Ready to Double?” Jim notes that returns in the last decade in gold and silver resembled the tech boom of the 1990’s, but all bull markets come to an end. Jim discusses the various factors behind the recent plunge in precious metals, as well as oil and other commodities. One of the key elements in driving the gold price during the prior decade had been economic growth, particularly in the emerging markets. With global growth slowing, the demand for gold has suffered. Jim looks ahead and believes we have not yet seen a bottom in the precious metals, and also discusses what might be potential catalysts to turn things around.
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Source: http://financialsurvivalnetwork.com/2015/07/jim-puplavas-big-picture-gold-in-trouble-or-ready-to-double/?utm_source=rss&utm_medium=rss&utm_campaign=jim-puplavas-big-picture-gold-in-trouble-or-ready-to-double
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