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CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Interview: ‘Gold below $3000 is cheap’

That’s the view of Eric Strand, founder and portfolio manager at AuAG funds.

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While investors, looking for yield and incremental increases are perennially disappointed in precious metals, in times of stress the arguments resurface in favour of gold and silver investing. Strand believes that both gold and silver are cheap.

The current gold to silver ratio is 82, that is the gold price divided by the price of silver, and says that this should normally be a ratio of 60.

If, however, there is a bull market in precious metals the ratio could move to 30, which would be represented by a relatively larger move up in silver. Strand says if gold does move up to $3,000, a level he says turns gold from being cheap to fairly priced, silver would climb to $100 an ounce making it the smarter choice of investment.


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CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.

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