Don’t write gold off yet: the long-term case is still intact
Let me make the case for why gold's recent pullback is a buying opportunity, not a warning sign.
Tony is a former managing editor of BRW, Shares, Personal Investor, Asset and CFO magazines. He specialises in small listed companies, IPOs, entrepreneurship and innovation and writes a weekly blog for The Sydney Morning Herald/The Age on small companies and entrepreneurs.
Let me make the case for why gold's recent pullback is a buying opportunity, not a warning sign.
While this strategic metal was due for a pullback over the last few months after extraordinary gains last year, its fundamentals remain strong.
My view is that investors should take a defensive stance and focus more on income investing to generate higher yield.
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