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

Gold to $1,500 by fall: Van Eck Global (Video)

Posted on 02 August 2013

Kitco News talks to Van Eck Global portfolio manager Joe Foster about the current state of the precious metals markets. Foster is bullish on gold and expects the markets to act better by fall. With regards to issues in the mining industry, Foster says it is a buying opportunity for mining stocks.
What is his outlook for gold? “Gold will move towards $1,500 an ounce by year end or early 2014,” he said. Tune in to hear what he has to say about gold and silver as well as Asian demand for the metals. Kitco News, August 1, 2013…………………………………..Full Article: Source


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