Six Reasons To Buy Gold In 2016
By GCRU Gold News on Monday, February 29 2016, 10:20 - Permalink
1 Technical trading patterns suggest gold may finally be breaking out into a bull market (we do caution, however, that it appears to be temporarily over-bought).
2 Gold remains out of favor despite the recent rally.
3 The Fed’s ability to hike nominal interest rates is constrained.
4 The overpriced US dollar has limited room to run.
5 Real interest rates are heading lower around the world as central banks get creative.
6 Physical gold may be difficult to acquire in the coming years.