ROSLAND CAPITAL’S SENIOR ECONOMIC ADVISOR JEFFREY NICHOLS PREDICTS ‘GOLD IS SET TO MOVE’
NEW YORK (August 16, 2010) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital (www.roslandcapital.com), had the following commentary based on recent market activity and the week ahead: It looks increasingly likely that gold has already resumed its long upward march and before long could be registering new all-time highs. Just in the past week or two there has been an important shift in world financial market sentiment and rising anxiety about the U.S. and global economic outlook is now prompting renewed investor interest in the yellow metal as a safe-haven asset.