by Mark O’Byrne
Gold and silver’s fundamentals look good and the rally in bullion and gold stocks may have durability points out Frank Holmes of U.S. Funds writing in Gold Seek today.
In his weekly SWOT analysis – strengths, weaknesses, opportunities and threats – of the precious metal markets, Holmes notes that:
Gold investors are on the longest buying spree in five years, reports Bloomberg, with holdings of the precious metal in exchange-traded funds expanding for 18 days in a row. BCA Research agrees that now is the time to buy gold stocks too, stating in a recent report that while gold has had several false starts in recent years, a number of factors suggest that the latest rally will have durability.