Experts warn gold is overvalued - Procurement Leaders Network - MarketSqr

Search:
Categories
Quotes
1. “ Flows out of equities into cash have reached capitulation levels, especially in the US, but it's significant that a revival in optimism towards China has survived the global correction. ”
  By Michael Hartnett
2. “ Investors are waiting for convincing, coordinated action from governments before recommitting their cash to equities. ”
  By Gary Baker
Topics Mentioned
- China
- Procurement Leaders Network

Experts warn gold is overvalued

Procurement Leaders Network (Aug 18 2011) Resources
1. Market experts have warned that gold is overvalued. The BofA Merrill Lynch Survey of Fund Managers for August noted that, in July, the net percentage taking the view that the commodity price of gold was overpriced view dipped to a net 17%. But with gold hitting new highs on global markets, a net 43% of August's panel believes the mineral is now overvalued. (Read Full Article)
  
  Bookmark or Share this article
Login to comment
Related Articles
Analysis: Business travel prices on the rise

also published in Procurement Leaders Network

China rare-earth monopoly 'hiking' price of electronics

also categorized in Resources

Japanese steelmakers eye benefits of merger

also categorized in Resources

Editor’s Letter: Warning sign

also categorized in Resources

Industrial metals and energy lead commodity price drop

also categorized in Resources

Electronics shortage hits US manufacturers

also categorized in Resources

Spotlight: US manufacturing on a journey home?

also mentions Procurement Leaders Network

High oil prices pump investment into alternative fuel technologies

also published in Procurement Leaders Network

Copper extends slide

also categorized in Resources

Fears over strike at Indonesian copper mine sends prices higher

also categorized in Resources