What Obama’s re-election means for gold

‘Patience and fortitude’ is a good mantra for gold, says analyst

So what’s a precious-metals investor to do following Obama’s win?

“Wait for any initial reaction to subside,” said Jeb Handwerger, a natural-resource analyst and editor of GoldStockTrades.com.

Gold and silver held up well despite a more than 300-point selloff Wednesday in the Dow Jones Industrial Average.

Given the gold market’s post-election moves, “patience and fortitude” might be a good mantra to follow, according to Handwerger.

Read the full article on CBS Marketwatch by clicking here...

Also see my recent interview with Gregg Greenberg below discussing royalty companies and why the miners are investing in Nevada.

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