April 23, 2012 at 14:32 PM EDT
Indicators Predict Gold Trend to Continue: John LaForge
The Gold Report: The recent price performance of gold has probably left many investors puzzled about what’s going on amid all the conflicting background news. What’s your broad-picture view? John LaForge: Gold is telling many stories at the same time. Recently, though, one of the main issues has been seasonality. Gold tends to do best toward the end of the fall, right around the Diwali wedding season in India, up until about now. Springtime through fall is a good time for accumulating, but not to expect big price rises. The second factor impacting the price recently has been the new Indian … [visit site to read . . . → Read More: Indicators Predict Gold Trend to Continue: John LaForge

The Gold Report: The recent price performance of gold has probably left many investors puzzled about what’s going on amid all the conflicting background news. What’s your broad-picture view?

John LaForge: Gold is telling many stories at the same time. Recently, though, one of the main issues has been seasonality. Gold tends to do best toward the end of the fall, right around the Diwali wedding season in India, up until about now. Springtime through fall is a good time for accumulating, but not to expect big price rises.

The second factor impacting the price recently has been the new Indian … [visit site to read more]

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