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Steve Palmer: Timing the Market
Source: The Gold Report
The dollar’s not going to go straight down, according to Steve Palmer, president and CEO of AlphaNorth Asset Management:"I’m expecting the U.S. dollar to rally in the short term and gold to sell off." Forecasting a bit of a pullback in the next month or so followed by another rally before year’s end, Steve also explains his ‘bigger bang for your buck’ penchant for exploration stories in this exclusive interview with The Gold Report.
The Gold Report: Since the last time we spoke, in February, your performance in your fund year-to-date is up, I believe, 138%. Can you tell…
28Oct2009 | The Gold Report | 0 comments | ContinuedSteve Palmer: Juniors Staged to Climb from New Ground Floor?
Source: The Gold Report
Whether irrational exuberance or the faltering dot-com industry triggered it, the economic downturn of 2001 hit junior resource companies hard. They bounced back in a big way. “Downturn” understates the current scenario, but AlphaNorth Asset Management President and CEO Steve Palmer sees similarities. He looks forward to taking advantage of opportunities “to get in on some of what has now become the new ground floor” and make some “tremendous gains.” While he anticipates more bad news on the employment front, he also tells The Gold Report followers that he believes “we’ve avoided the abyss” and confidence is…
11Feb2009 | The Gold Report | 0 comments | Continued
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