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

Gold to advance to $2,000 on money printing, Deutsche Bank says

Posted on 14 November 2012

Gold will probably rally to a record above $2,000 an ounce next year as central banks ramp up stimulus to sustain the recovery, according to Raymond Key, London-based global head of metals trading at Deutsche Bank AG.
“We’ll take out $2,000, we’ll go higher,” Key said in an interview in Hong Kong, where he attended the London Bullion Market Association’s annual conference. “That’s on the view that they’ll continue to print money.”……………………………………….Full Article: Source


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