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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Will the price of gold be $2,300 in 2014?

Posted on 29 October 2012

What Will the Price of Gold Be in January 2014? While a lot of us at Casey Research do not like making price predictions, and definitely ones accompanied by a particular date, it is hard to ignore the correlation in between the US monetary base and also the gold price.
That correlation says we’ll see $2,300 gold by January 2014. You will find lots of long-term charts that show a connection in between gold and numerous other types of cash (and credit). Most show that one outperforms till the other catches up. But let’s zero in on our present circumstances, namely the expansion of the US monetary base since the monetary crisis hit in 2008………………………………………..Full Article: Source


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VRS - who has written 37608 posts on Opalesque Commodities Briefing.


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