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J.P. Morgan sees golden opportunities for huge gains in 2014 with gold and silver

Posted on 30 December 2013

With serious inflation still only a gleam in the eyes of the ardent gold bugs, 2014 looks like a tough year for gold miners. The metals analysts at J.P. Morgan think it is easy to look at the cost of new mines and conclude that current prices are unsustainable. But new mine projects may not be needed for several years if more of investors’ above-ground gold horde is unwound. Here is where the story gets more interesting.
For many on Wall Street the question of future inflation is a when, and not if, proposition. Central backs around the world are printing money at a furious pace, debasing the value of their local currency………………………………………..Full Article: Source


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VRS - who has written 36243 posts on Opalesque Commodities Briefing.


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