Post by
frankman on Feb 03, 2016 1:42pm
When summer sell off begins early (starting very soon)
All asset classes including gold and gold stocks will be sold to cover margin calls and other market losses (my quote I posted many times). Remember gold pays no interest and holds no coupon. Basically dead investment when other interest bearing debt s are sucking money from your accounts, will need to be paid.
Gold may have it’s flavour of the day swings but without inflationary support it will be sideways at best for 2016. Summer oil will help a bit but many are going to hold preferred liquid cash.