Saturday, March 28, 2015

Randgold Resources Ltd. ADR (GOLD): A Contrary Call On Gold

Gold is a function of a lot of craziness here. The CEO of Randgold said that later this year a lot of these goldmines are going to go bust. So, on that, actually, yes. I am attracted to Randgold (GOLD) and I am attracted to SPDR Gold Trust ETF (GLD).

That is a very contrarian call. I think I am the only one making it.