By Staff Writer | Tuesday 9 July 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Top broker Fox Davies has today slashed its forecasts not only for gold and silver but for the base metals as well. This is not just a reaction to recent tumbles. It is not just 2013 numbers that have suffered cuts of up to 20% but also forecasts as far out as 2016.
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