If you aren’t buying gold in this correction, you never will, says WisdomTree’s Shah | Metals Mine

  • If you aren’t buying gold in this correction, you never will, says WisdomTree’s Shah

    From kitco.com

    Gold’s sharp correction from its January highs may have rattled investors, but the pullback is creating an attractive entry point as underlying fundamentals remain firmly supportive, according to one research analyst. In an interview with Kitco News, Nitesh Shah, head of commodities and macroeconomic research at WisdomTree, said the recent selloff — which has seen gold prices drop more than $1,000 from peak levels — appears largely disconnected from macroeconomic fundamentals and instead reflects a combination of positioning shifts and forced liquidations. “I think most of what we’ve lost since January ... (full story)

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