Andy Hoese, founder of Finding Value, believes that the recent dip in gold and silver prices presents a prime buying opportunity for long-term investors. He attributes the pullback to factors such as a stronger dollar, rising interest rates, and concerns about a potential recession, but remains bullish on precious metals in the long term. Hoese also expresses optimism about the energy sector, particularly oil, citing underinvestment and rising global demand as drivers of higher prices. He believes that the current market conditions offer a unique opportunity for investors to position themselves for long-term gains.
image sourced from original article at https://www.jpost.com/business-and-innovation/precious-metals/article-830309
Original article source: https://www.jpost.com/business-and-innovation/precious-metals/article-830309
Source Id: 8424349435