The Phaserl


Ronald Stoeferle: Gold Bottoming; Higher Inflation Ahead

from Financial Sense:

Gold is now finally bottoming, says Ronald Stoeferle, publisher of the definitive annual report, “In Gold We Trust.”

In a recent interview with Financial Sense Newshour (click here for audio), the widely followed gold analyst—once named 2nd most accurate by Bloomberg—provides an excellent view into the mental hopes and fears of most precious metals investors right now.

With 2013 being a great year for stocks but absolutely devastating for the yellow metal, Stoeferle believes that the last of the gold bulls have finally thrown in the towel and that we are now very close to a bottom.

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