Phil Streible, senior market strategist at Lind-Waldock, reveals when he would recommend investors get long gold and silver.: " Well we're seeing the same thing we're seeing that gold silver ratio start to trend up a bit , a lot of investors are coming out of silver markets is that the characteristics of the silver market changed quite a bit you've got a lot of volatility in their you've also got increased margin requirements it's a little bit too chappy for the average investor , so they are coming out of debt but they still want the metals exposure so they're going into a little bit more conservative play like the gold market gold's getting accumulated also by central funds. So you're seeing that that play come in and gold is very supportive."
Showing posts with label Phil Streible. Show all posts
Showing posts with label Phil Streible. Show all posts
Tuesday, May 17, 2011
Tuesday, January 18, 2011
Gold Uptrend Unconfirmed says Phil Streible
NEW YORK (TheStreet) -- Phil Streible, senior market strategist at Lind-Waldock, says gold could still see more selloffs in the short term despite today's rally.
Phil Streible :.."...No we're still gone sideways at the moment I think we get a break through some key levels than the outside like thirteen 92. And fourteen don't nine advocates and close above there will be much more -- in the uptrend is back -- treating and wait for that intact at trends. Yeah I mean we've been -- a little bit at -- calls spreads you can look at what you -- 141450. -- spreads and then you look at the many futures as well at 33 -- futures just got to stop close only below thirteen fifty...."
Phil Streible :.."...No we're still gone sideways at the moment I think we get a break through some key levels than the outside like thirteen 92. And fourteen don't nine advocates and close above there will be much more -- in the uptrend is back -- treating and wait for that intact at trends. Yeah I mean we've been -- a little bit at -- calls spreads you can look at what you -- 141450. -- spreads and then you look at the many futures as well at 33 -- futures just got to stop close only below thirteen fifty...."
Tuesday, July 13, 2010
Stocks Could Lift Gold : Phil Streible of Lind-Waldock
Stocks Could Lift Gold
NEW YORK (TheStreet) -- Lind-Waldock Senior Market Strategist Phil Streible says a good earnings season for equities could boost the price of gold.
NEW YORK (TheStreet) -- Lind-Waldock Senior Market Strategist Phil Streible says a good earnings season for equities could boost the price of gold.
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