Casey Research's Clark: Time Ripe For 'Overweight' Positioning In ...

by Allen Sykora
Kitco

Gold might be due for some kind of a correction after the recent run higher, yet the macroeconomic backdrop is as supportive for the metal as ever for those taking a longer-term approach to investing, said Jeff Clark, senior precious-metals analyst with Casey Research.

He described current conditions as a good time to be ?overweight? in gold and silver investments.

?If there is ever a time when someone needed to have meaningful exposure to gold and silver, this would be it,? he said in an interview with Kitco News. ?We have runaway debt. We have all of these money-printing schemes. We have massive deficit spending. All of these things are highly inflationary and we have not experienced that fallout from those things yet.

?It?s going to come. You cannot escape the consequences.?

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Source: http://financialsurvivalnetwork.com/2012/09/casey-researchs-clark-time-ripe-for-overweight-positioning-in-gold-silver/

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