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gold investing

Reasons to Be Bullish on Gold

Written by Investing News Network
|
Mar. 27, 2012 12:19PM PST

Forbes reported that despite the emergence of bearish views on gold, bullish outlooks are still common.

Forbes reported that despite the emergence of bearish views on gold, bullish outlooks are still common.

As quoted in the market news:

Earlier this month, we saw the largest weekly contraction in long gold positions on the Comex since 2004. The selloff pushed the price of bullion below its 200-day moving average for only the 30th time over the past 10 years.

Click here to read the full Forbes report.

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