Gold and Silver

Top SocGen analyst: This is the time to sell gold

Gold and Silver new

From Zero Hedge:

In the most recent stellar analysis by Dylan Grice, the SocGen analyst discusses the reasons for not only owning gold but, more importantly to many, selling it. His summary view on owning Au79:

"The reason I own gold is because I'm worried about the long-term solvency of developed market governments." We all know developed markets are now insolvent and merely exist due to the continued debasement of fiat paper. Period. As to when to sell..."

Read full article...

More on gold:

How to know when to buy more gold

Marc Faber: We have a new gold standard

George Soros and John Paulson love this gold stock

Post your comment...