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Gold’s pullback creates attractive entry as de-dollarization turns structural
Gold’s recent correction has created an attractive entry point for investors, even as short-term headwinds continue to pressure prices, according to one portfolio manager. In an interview with Kitco News, Jerry Prior, chief operating officer and senior portfolio manager at the KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSE: KMLM), said that the factors driving gold’s long-term bull market remain firmly intact, particularly the growing global shift away from the U.S. dollar as the dominant reserve asset. “I think, given the repricing of gold here, it’s probably a pretty good entry point,” ... (full story)
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- Jun 24, 5:56am | 2 hr 10 min ago Posted byFundamental Analysis101
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