Otavio (Tavi) Costa on LinkedIn: Investors who have been spooked by the recent decline in gold after making… | 36 comments
Investors who have been spooked by the recent decline in gold after making new highs are missing the big picture here. Fundamentally, nothing has changed. We… | 36 comments on LinkedIn
Otavio (Tavi) Costa
"Investors who have been spooked by the recent decline in gold after making new highs are missing the big picture here.
Fundamentally, nothing has changed.
We are on the verge of initiating a prolonged cycle for precious metals, and the recent volatility should be viewed as an opportunity.
This is a unique period where gold is leading the way, and all other assets strongly correlated to the metal remain historically undervalued.
To be clear, this is not the time to be bearish on other precious metals and the miners. That was the right call a decade ago."
