War in Iran, higher energy prices are only delaying gold's rally to $5,000; mining stocks remain undervalued – Gabelli - Kitco
War in Iran, higher energy prices are only delaying gold's rally to $5,000; mining stocks remain undervalued – Gabelli - Kitco
Source: Kitco
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DW NOTE
Gabelli calls gold "undervalued" at $4,061 while predicting a rally to $5,000. Gold is down 23.6% from its January high of $5,318. The word for an asset trading a quarter below its recent peak is not "undervalued" — it's "falling."