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 Long Gold/short Eur

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Join date : 2012-01-25

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PostSubject: Long Gold/short Eur   Long Gold/short Eur Icon_minitimeTue May 22, 2012 3:30 pm

Long Gold/short Eur




Quotes from Societe Generale Cross Asset Research:
-Gold's cheapness coupled with the euro's overvaluation implies that the gold denominated in euros is substantially undervalued. Such reasoning shows that a long gold/short EUR position is quite appealing, especially for an investor worried about a further deterioration in the European crisis, which could propel gold prices sharply upwards.


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