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Gold heading for $1,500 before mid-2010- SocGen

Posted on 17 December 2009

From Mineweb.com: In its latest quarterly Commodity Review, investment bank Société Générale forecasts continued strength in investor flows into commodities in the first half of 2010, helped by central banks keeping policy rates at extremely low levels.
The bank suggests that, not least due to the size of the output gap in the United States, the recently developed fears of an increase in FOMC interest rate policy has been overdone and therefore recommends buying into the latest correction in commodity prices………………………………..Full Article: Source


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