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Economy

Chris Vermeulen: Gold Short-term Price Target, Plus Key Trend I’m Riding Now

‘I think the key really this year is to be happy with not losing money,’ he said.

‘It sounds so boring, but if what unfolds is what I think is going to unfold, it’s either you lose 30 or 50 percent of your wealth, (or) you sit in cash … or you take advantage of a strategy that can benefit from falling markets. I’m all about — avoid the chaos and continue to earn some interest, let everything reset. And take advantage of some of the falling prices.’

Watch the interview above for his full thoughts on those and other topics. You can also click here to view our Vancouver Resource Investment Conference playlist on YouTube.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com
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