Connect with us

Hi, what are you looking for?

Investing

Adrian Day: Gold Dips Bought Quickly, Price Run Not Over Yet

Adrian Day, president of Adrian Day Asset Management, shares his latest thoughts on what’s moving the gold price, emphasizing that its bull run isn’t over yet.

‘It’s monetary factors that are driving gold — that’s what’s fundamentally driving gold,’ he said. ‘Monetary factors, lack of trust in governments and particularly lack of trust in fiat currencies.’

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

You May Also Like

Investing

Copper has become a hot topic due to its role in the green energy transition and its necessity for urbanization. However, the lack of...

Stock

Here are some charts that reflect our areas of focus this week at XLU Leads with New High Even though the Utilities SPDR (XLU)...

Investing

  Stallion Uranium Corp. (the ‘ Company ‘ or ‘ Stallion ‘ ) ( TSX-V: STUD ; OTCQB: STLNF ; FSE: FE0 ) announces...

Stock

The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since...