Thursday, 12 July 2012

Tocqueville Gold Q2 2012 Letter- John Hathaway

Worth reading John Hathaway of Tocqueville Gold's quarterly letter, and the wide assortment of charts and trends putting the current market into perspective.

.......we believe that the weight of all evidence as discussed in the following paragraphs provides a substantial basis to suggest the stage has been set for a resumption of gold’s multi year advance.......It is in the nature of all  bull markets, and (perversely) especially so for precious metals, to shake out as many as possible along the way to minimize participation to the fewest possible stalwarts.

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