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Gold Miners Poised For Boom As Analyst Predicts 'Record Levels Of Free Cash Flow' Despite Price Dip: 'Golden Age Of Mining'
Einhorn declares that the rise of Gold is not over, and the defensive strategy helped Greenlight Capital make a profit of 8.2% in a declining market.
David Einhorn, the head of Greenlight Capital, reiterated his Call on Gold at the Sohn Investment Forum in New York on Wednesday, stating that this round of Precious Metals market is far from over.
3 Gold Mining Stocks Poised to Outshine Q1 Earnings Estimates
IAMGOLD's (TSE:IMG) Attractive Earnings Are Not All Good News For Shareholders
The allure of Gold is hard to resist; restoring vitality is just a matter of time!
WisdomTree's strategist pointed out that his scenario analysis shows that the upward risks for gold prices are more significant, and any declines under the current environment may be limited.
Scotiabank Maintains Iamgold(IAG.US) With Hold Rating, Raises Target Price to $7.75