Deutsche Bank Strategist Says the Gold Crash Is Just Getting Started
By GCRU Gold News on Thursday, October 6 2016, 00:22 - Permalink
"The way we think about it is, gold looks to be 20 to 25 percent overvalued," Chadha said in an interview with Bloomberg TV on Tuesday. "Positioning is very, very long."
When he analyzed how gold is valued relative to the U.S. dollar and global growth, he found that the asset stood out in the entire oil and commodity complex.