Gold expert Jon Nadler talks about what the gold markets are doing and what investors should brace themselves for over the next few days.
“Following four days of significant price declines, gold bullion was able to stabilize and then briefly recapture the $1100 mark during Asian overnight trading on Monday. The precious metal’s climb to higher levels was aided by a marginal decline in the US dollar and by emerging physical Chinese buying ahead of the beginning of the Year of the Tiger next month.
Also noted in overnight dealings, were scattered Indian gold purchases, brought about by bargain hunters whose perceptions that gold’s dip to just under $1090 last week was good enough to make for a visit to the local bazaar, even if this was not going to be the mother of all shopping sprees…”
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About Jon Nadler:
Jon Nadler’s thirty-year professional career has focused exclusively on the precious metals market and on its related investment products. After graduating from U.C.L.A. and the U.C.L.A. Business School’s Management Program, Jon established and managed several precious metals operations at major USA-based financial institutions (Deak-Perera, Republic National Bank, and Bank of America). Jon’s current role is that of Metals Market Analyst and PR Head for Kitco. He has long-standing ties in the precious global metals community and has consulted on marketing and product development issues to government mints, precious metals retailers, as well as to trade and membership organizations, such as the World Gold Council.
Jon’s gold market commentaries are frequently quoted by the U.S. Canadian and global financial media (MarketWatch, ROBTV, CBC Radio, BBC UK Radio, CNBC, Forbes.com, TheStreet.com, The Wall Street Journal Online, Investor’s Business Daily, Forbes.com, AFX News.com, Bloomberg, Resource Investor, Investor Ideas, Korelin Economics Report, Smartstox, and Reuters).
Jon’s expertise in consumer education on precious metals is valued by numerous individual investors as well as institutional firms. Jon is a frequent speaker and workshop host at global investment conferences such as The International Investment Conference, The Money Show, Cambridge House Canada, The New Orleans Investment Conference, New Shore Conferences, and Academy & Finance, Switzerland.
About EQUITIES:
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