Charlie Gibson, Head of Mining at Edison Research, reviews the Mining Sector performance, and highlights the mining stocks worth investing in, in today’s Tip TV London Finance Show, as he speaks to Zak Mir, Technical Analyst at Zak’s Traders Cafe.
Highlights:
“Mining sector cooled off, especially due to hawkish comments from Fischer and Dudley. Rotation from the miners to physical gold.”
“Nickel has had good run… gone from worst performer to better performer.. mainly due to what is happening Indonesia”
“I would be buying Glencore (LON:GLEN) for strategic reasons. Buying Glencore ahead of Yellen is like saying we believe in the economic recovery.” - Gibson.