By Angelos Damaskos, CEO of Sector Investment Managers and fund adviser to the Junior Gold Fund For 93 weeks to the end of June 2013, gold saw its longest and deepest downturn in the last twenty years, losing 37% of its value since reaching an all-time high of $1,927/oz in September 2011. This move was […] Read more »
The Time of Reckoning for Gold and Gold Miners is Coming
Klaudius Sobczyk, Managing Director of Advanced Dynamic Asset Management GmbH. This article follows up on the one of the 18th September by the same author. The recent developments in the price of gold change the positive tendency which appeared to have developed just few weeks ago. Equity markets and gold rallied from interim lows […] Read more »
Gold Miners To Outperform Gold
By Klaudius Sobczy, founder of Advanced Dynamic Asset Management. It was quite surprising how well the gold view worked over the last weeks. Obviously, it was greatly supported by the major financial powers of this world. Firstly Mr. Draghi with the announcement of the “unlimited” purchase of government bonds in the Euro-Zone followed by Mr. Bernanke […] Read more »