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Pros Say: Buy Gold at $1,000

CNBC.com
Wednesday, 1 Apr 2009 | 4:54 AM ET

Global stocks began the second quarter lower Wednesday ahead of the G20 summit in London which aims to tackle the financial crisis. Experts tell CNBC that gold is a good buy when above $1,000, but that long-term U.S. Treasurys may be losing their shine.

Long-Term Treasurys May Fall Out of Favor

Martin Hennecke, associate director at Tyche is concerned about the outlook for long-term U.S. Treasurys in the global markets.

Buy on Strength, Sell on Dips?

Damon Vicker, chief investment officer at Nine Points Capital Partners, says he will buy gold when the yellow metal breaks above the $1,000 mark.

Too Early to Worry About Inflation

Policy at the moment should aim to boost demand, as it is premature to worry about an inflation risk in 2011-2012, says Stuart Bennett, senior European economist at Calyon.

Dollar-Yen May Break 100 Soon

The dollar-yen could break above 100 over the next few days, forecasts John Noonan, senior FX analyst at Thomson Reuters. He tells CNBC why he sees risk appetite returning.

Eye on Japan's Third Stimulus Plan

Japan's third stimulus plan, to be unveiled later today, will probably include some regulatory and tax reforms, says Jesper Koll, president & CEO at Tantallon Research Japan.

China's 2009 GDP Likely to Hit 7%

Although Jong-Wha Lee, acting chief economist at the Asian Development Bank foresees China's GDP hitting 7% this year, he believes its economy may be able to achieve 8% growth in 2010.

Benefits of Mark-to-Market Relaxation

If we get a mark-to-market relaxation, China may ease its push for a new currency board, says Stephen Hill, deputy MD at Quam Securities.

Contact Europe: Economy

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