Sentiment vs. Fundamentals

Posted by on March 16th 2012 in Bailout, Federal Reserve, General Economy, Gold, India, Monetary Policy, Short Sellers, Silver, U.S. Congress, Wall Street | Be the first to comment!

“The $100 fall in gold prices at the end of February rattled many investors but, are we now moving too quickly to the other side of the investment spectrum?”  That’s the question Mineweb‘s Geoff Candy asks, reviewing the short-term shift in sentiment, while pointing out that “many of the fundamentals underpinning the gold price haven’t really changed. Europe, even with a new debt deal for Greece is still in a fair bit of trouble. The US deficit hasn’t gone away and neither have concerns about Iran.”

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