PRECIOUS METALS

Coffin, Kaiser say generalist investors can be won back

The key gold price level needing to be breached and then sustained to attract generalist investment in the sector is seen as US$1,365 per ounce, according to well-known North American investor letter writer, Eric Coffin.

Michael Quinn in Toronto
 Eric Coffin

Eric Coffin

He told the mainly retail crowd at the Metals Investor Forum held in Toronto that three times in the past few years gold had "topped out" at around that mark. The clear significance of attracting generalist...

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