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Gold to surge in 2013 as central banks print more money: Profit Confidential

Posted on 29 November 2012

Gold prices may witness strong appreciation in 2013 as central banks print more of their respective prices which will push up prices of the yellow metal, according to Michael Lombardi, lead contributor and financial expert at Profit Confidential.
In a recent article in Profit Confidential, he pointed out that,“from 2008 to 2011 alone, the Federal Reserve has printed $2.3 trillion. Other central banks are doing the same,” notes Lombardi. He concludes, “…gold meets all the criteria to soar even higher. Uncertainty is still present, demand is increasing, and central banks are expected to continue printing fiat money.”……………………………………….Full Article: Source


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VRS - who has written 40291 posts on Opalesque Commodities Briefing.


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