Gold's looking good...
biz.yahoo.com
Friday April 10, 5:14 pm Eastern Time
Company Press Release
SOURCE: Money Talks
Money Talks: 'Novartis' $250 Million Investment In Institute May Be a Vital Sign for Investors 'Portfolio' Columnist Analyzes Potential of Rebounding Gold Market
NEW YORK, April 10 /PRNewswire/ -- In the ''Portfolio'' column this week, John Tompkins, mutual fund editor of Money Talks ( www.talks.com ) and New York Times and Wall Street Journal alumnus, discusses gold and its improved status in the world market. And, in the ''Medicine Man'' column this week, George Stasen profiles Novartis and the significance of the Novartis Institute for Functional Genomics.
According to Tompkins, last year's bear market in gold seems to have turned around. Per Tompkins, Frank Veneroso, consultant and publisher of a gold information service, believes there is a bull market in gold and it the price per ounce could move up as high as $370. The metal has made an astounding rebound, seemingly overnight, as the price gained $20 an ounce in only a couple of trading sessions. It has rocketed straight up in a way not seen since the early 1980's. What's more, according to Tompkins, gold should play a key role in the proposed European Central Bank, another example of its strength. |
