Friday, July 25, 2014

Gold's Strong Season Starts

Gold’s strong season is just getting underway, with this metal’s summer-doldrums seasonal low in place. The past couple months’ stiff headwinds are starting to shift to fierce tailwinds, thanks to Asian demand ramping up heading into autumn. Gold’s pronounced seasonality is very important for all investors and speculators to understand, as today’s inflection point is a very bullish omen for this still-unloved asset. Gold seasonality is somewhat counterintuitive, with its mined supply essentially constant year-round.



Gold's Strong Season StartsRead more about Gold's Strong Season Starts

No comments:

Post a Comment