Gold News: Analysts Reviews Are In, and They’re Positive

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Written by Mike Hammer

Now that gold has run up to 1320, a lot more analysts are turning positive. Funny how that works… Yesterday the UBS came out publicly and said they are “positive” on commodities for 2019. The wording is a bit droll, with rousing text like “a positive view might surprise investors” and “we reckon…”. Not quite stuff that makes the blood boil, but that’s the Swiss for you. Plurimi’s head analyst gave a good interview yesterday, saying “gold is an attractive investment right now.”

That’s a little more enticing. By far the most interesting write-up of the day came from Ross Norman of Sharps Pixley, who did a very nice job with his walk-through and even gave readers some charts illustrating his points. But then, we’ve always enjoyed Ross’ posts. And he’s been generally positive on gold since late last year, so not a newcomer to the bull camp. As recognition for the outstanding writing, we’re picking his as today’s featured article.

Continue reading at Sharps Pixley.

About the author

Mike Hammer

Mike Hammer has had a wide-ranging career, with trading and investing as continuing themes. Mike graduated with a business degree and spent years as a financial advisor, before moving to New York and to pursue a career in IT and education. For more than a decade Mike has been working with the Adam Mesh Trading Group as a stock market and commodities mentor. He’s trained over 200 individuals, spoken at several national conventions, and is a frequent contributor to educational webinars.

Mike writes The Gold Enthusiast daily newsletter, runs the Golden Hammer trading service, and participates in the Mesh Private Portfolio. He also keeps a position in international education which keeps him in touch with "the student mindset".

Mike focuses on the precious metals markets, the energy industry, and the financial sector. His motto is "Plan your trade, then trade your plan!"

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