Funds Cut Bullish Gold Wagers Most This Year: Commodities

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Jeff Sica was quoted in Bloomberg News. To read the full article, please click here

“Expectations that the economy has begun to rebound are misplaced”

“The first quarter was dismal, and the stock markets indicate that there is too much euphoria about the economy. Gold is going to return as one of the favored assets, because people will want to hedge against a slowdown.”

Bloomberg News

Jeffrey C. Sica is the President and Chief Investment Officer of Sica Wealth Management, LLC (“SWM”), an SEC registered investment adviser that maintains a principal place of business in the State of New Jersey. The information presented herein may not be suitable for all investors, and no portion of this commentary is to be construed as a solicitation to buy or sell a security, or the rendering of personalized investment, tax or legal advice. Past performance does not guarantee future results, as there can be no assurance the views and opinions expressed herein will come to pass. Investing involves risk, including the potential loss of principal. Please consult a financial professional prior to investing.