Time to Buy Gold Miners? "yes. obviously i'm a big believer in the gold miners as a good way to gain leverage to gold. gold itself, actually finished not as high as we thought it would be last year. it got sold down at the end of the year. i think we've got a good opportunity to buy in now off some fairly low levels. we're looking for $18.50 an ounce this year on average. we see the gold price moving up from current levels towards the end of the year to much higher levels" says Patrick Chidley, HSBC Global Research,
Tracking Gold Silver and Precious Metals Markets worldwide
Thursday, January 12, 2012
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