by Chris Waltzek
Jeffrey Nichols, Senior economist of Rosland Capital returns with his latest insights on the financial markets and the geopolitical drama. His work indicates that once the $1,400 gold hurdle is surpassed, the former bull market return in all of its glory, ascending onwards and upwards to $1925 and to new zeniths over $2,000. Positive seasonal factors will continue to add upward momentum to the sector, as demand stemming from Christmas, Hanukkah and Indian festivities related demand as well as that from newly affluent China will cause retailers to increase stockpiles. Despite the remarkable 2016 rally, gold remains a de facto value relative to US equities, making gold an enticing bargain opportunity.