From The Gold Report:
According to the calendar, it is still winter and gold markets still face some tough sledding, says Jay Taylor, host of the radio show "Turning Hard Times into Good Times." Big investors are leaving the market and small investors hesitate to reenter. But in this interview with The Gold Report, Taylor points to some spots where selective investors can find value and growth potential.
The Gold Report: There seems to be a general malaise in resource investing, particularly in precious metals. What will it take to get investors back in the market?
Jay Taylor: People buy gold in difficult times, and right now there is a sense that the economy is improving. The conventional wisdom says that the huge amounts of money Federal Reserve Chairman Ben Bernanke is pumping into the system will bring prosperity. To the extent that people are investing, they are choosing more traditional investments. People have been so badly burned that small investors have stayed out. They are gun-shy, and for good reason...
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