NEW YORK, 4 January 2013 - Leading US finance paper Investor's Business Daily today quotes analysis from BullionVault amongst its top 5 reasons why the recent drop in gold and silver prices will likely prove "shortlived".
Calling the precious metals "oversold short-term", with possible support in prices around the lows of December, "Gold and silver prices are suffering from short-term euphoria that the global economy is improving," the paper quotes Miguel Perez-Santalla, vice president of business development at BullionVault.
"If US economic growth slows, the Federal Reserve will have to maintain its quantitative easing plan," the paper goes. Washington meantime is already "drowning in debt."
You can read the full story at Investors.com...
Gold, silver sell-off 'short-lived'
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