Gold and Silver Stocks Poised to Recover in 2012: Charles Oliver and Jamie Horvat
February 27, 2012 at 15:30 PM EST
The Gold Report: When we talked in the wake of the debt ceiling crisis last fall, Charles, you expected volatility to be good for gold and forecast a continuing long-term bull market for precious metals. These days, the scary stories pertain to the European Union (EU). Will negative headlines continue to play a role in the price of gold and silver? Charles Oliver: Absolutely. The headlines about the European Central Bank (ECB) infusion of billions of euros into the banking system has been very good for the price of gold. Since the ECB announced it would be issuing €489 billion in December, gold has had a nice little rally off its lows. I expect in the next couple of . . . → Read More: Gold and Silver Stocks Poised to Recover in 2012: Charles Oliver and Jamie Horvat