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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Gold at its cyclical bottom, could hit new all-time highs only after 2016

Posted on 12 December 2013

CPM Group - the global commodities research and advisory firm thinks that gold is currently at its cyclical bottom. The prices could see sharp rise between 2016 and 2023. Fresh all-time highs may be seen only after 2016. Until then, the gold prices could remain range bound between $1,240 and $1,500 per troy ounce.
According to Jeffrey Christian, Managing Partner, CPM Group, there were quite a few instances of massive financial, economic and political imbalances that caused all of the economic problems over the last 12 years. None of those issues have been dealt with effectively………………………………………..Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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