Interesting Article Rob McEwen: People Will Return to Gold
With respect to owning and buying gold here at these levels, Mr. McEwen said, “Everybody got distracted by the US presidential election when they were telling everybody that the economy is getting better—and why wouldn’t it when you push in a couple trillion dollars?…The case for owning gold hasn’t changed. Governments around the world are still printing lots of money, still borrowing a lot, and the reasons gold ran up before [in price] are still there and greater today…Interest rates are so low the only place you can go is in the market right now. It’s [all] very illusionary, and we’ll find people returning to gold…[So] now is a great time to be buying it.”