Kitco News’ V-Day Special: No Future For Bitcoin, Sticking to Gold & Palladium: Financial Astrologer

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Are the stars aligning for the metals? Is there finally love in the air for this beaten down sector? Kitco News speaks with financial astrologer Mahendra Sharma to see what his charts are telling him about gold, stocks and even Bitcoins. Although he expects a turnaround for gold by July, Sharma says at this stage metal investors should remain cautious. “I stick to my predictions that in between June and August that will be a great time to acquire metals,” he adds. Giving a shorter-term outlook, Sharma says that if gold remains positive next week then the metal may even rise to $1,345-$1,377. Sharma also chimes in on the notorious Bitcoin and shares his thoughts on palladium. Watch this Valentine’s Day special to hear what the stars & planets have in store for the metals. Kitco News, February 14, 2014.

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