Is it time to take advantage of the lull in gold prices?
Globe and Mail, Dale Jackson
More recently gold has taken a step back from its advance by 8 per cent since last fall. While some see it as the beginning of the end for this gold wave, Paul de Sousa, executive vice-president at Bullion Management Group, considers the sell-off a small pause in a continuing meteoric rise.
“I’m expecting a thirteenth consecutive year of positive returns.”
Bullion Management Group is Canada’s first investment company to offer physical bullion for average investors to store in their registered retirement savings plans (RRSP) and tax free savings accounts (TFSA) — well, not exactly. The roughly $650-million in bullion is stored in an insured Bank of Nova Scotia vault in downtown Toronto for safe keeping.