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2016/07/07

Gold Is At A Crossroads -- Here's What You Need To Know...

When it comes to the gold business, there's reason to believe that Brexit has set in motion some major shifts.
July 7, 2016

Gold Is At A Crossroads -- Here's What You Need To Know...

By Dave Forest

It's been an exciting couple of weeks.

As recently discussed, the resources world turned topsy-turvy in the wake of the "leave" vote in the U.K. Brexit referendum. Gold soared (and gold stocks too), and almost everything else tanked.

And since then, the situation has grown all the more interesting.

All indications are that the initial panic over the Brexit vote was largely overdone. The Dow Jones Industrial Average has recovered about 80% of the losses it suffered in the two-day panic following the Brexit news.

That rebound has extended to most of the commodities sector. This is a development I thought we'd see. Investments like oil and copper have overcome investor fears and are staging a strong bounce off post-Brexit lows.

Continue reading to learn more about the outlook for commodities following the Brexit.

Continue Reading...

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