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Gold and silver are a ‘gift’ right now, strategist says

From cnbc.com

While the prospect of a Federal Reserve interest rate hike sent gold lower on Friday, strategist David Tice told CNBC he is a big believer in the precious metal. He also likes silver, and especially gold and silver stocks. "They really represent a gift here. We had such a big decline from 2011. A lot of those stocks lost 80 to 90 percent of their value," he said in an interview with "Closing Bell" on Friday. "Then we had a nice rally in 2016 in the first half, a selloff in the second half. Now for [2017] we think gold stocks are going to be up a lot and also the bullion and silver." On Friday, FedChair Janet Yellen ... (full story)

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