Gold will probably trade higher from here as the central banks still buying Gold and the global economic situation has not improved that much says Tim Harvey, Sr. VP of ETF Securities, the unrest in Greece and southern Europe affects the price of Gold hugely in its store value as an inflation hedge and other factors why people invest in Gold , the supply of Gold is health there is no squeeze in supply says Tim Harvey but still with Gold we see more buyers coming in like China a huge net buyers of Gold as well as a huge miner of Gold
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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Showing posts with label Tim Harvey. Show all posts
Showing posts with label Tim Harvey. Show all posts
Wednesday, July 6, 2011
Wednesday, June 22, 2011
Gold is a fantastic Inflation Hedge says Tim Harvey
Gold is a fantastic Inflation Hedge says Tim Harvey Senior VP at ETF Securities : We are not going to see so much change in Gold in gold because of Greece or Ben Bernanke it will very much to do with inflatioin in China and India , What will cause a dramatic rise or fall in gold price is a major reaction to something that the public did no expect compared to the Lehman Brothers crisis in 2008 which was not expected , overall gold and silver are a fantastic inflation hedge we are definitely gonna see inflation increasing re-exported to us from China from Indonesia from India says Tim Harvey
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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